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词汇 marginal-productivity
释义 marginal productivity
noun[ U ]
ukus
ECONOMICS, PRODUCTION
the amount that can be produced by adding one unit of something, such as labour, to the production process, or the added profit that this produces:
Modern economists have approached with caution the idea that marginal productivity accounts for the demand for labour.

Examples of marginal productivity


marginal productivity
The ceiling rate is determined by the marginalproductivity of speculation.
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This makes the first component, marginalproductivity, nil.
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The maximum for production performance is achieved at the volume where marginalproductivity is zero.
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In this perspective, wages and profits are determined by the marginalproductivity of each individual in the economy.
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The figure is a traditional expression of average productivity and marginalproductivity.
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Poor countries have more labor relative to capital, so marginalproductivity of labor is greater in rich countries than in poor countries.
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Under these models, wages are not determined strictly by the supply and demand for labor but by the marginalproductivity of workers.
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Private sector capital investment ceased, and labor's marginalproductivity began to decline.
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Many of them were forced to resettle although the marginalproductivity of both the mid wealth group and the poor group did not differ.
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As a result, the agricultural rural wage is equal to agricultural marginalproductivity.
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These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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