marginal product
In a production function, the Marginal product of a factor is the increase in output due to a unit increase in the input of the factor; that is, the partial derivative of the production function with respect to the factor. In a competitive equilibrium, the equilibrium price of any factor is its marginal value product in every sector where it is employed.
Browse by Subjects
VAT inspector
hire purchase agreement
stock certificate
competitive pricing
anti inflationary