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marginal revenue product

См. также в других словарях:

  • Marginal Revenue Product - MRP — The change in revenue that results from the addition of one extra unit when all other factors are kept equal. The marginal revenue product is used in marginal analysis to examine the effect of variable inputs, such as labor, and follows the law… …   Investment dictionary

  • Marginal revenue productivity theory of wages — The marginal revenue productivity theory of wages, also referred to as the marginal revenue product of labor and the value of the marginal product or VMPL, is the change in total revenue earned by a firm that results from employing one more unit… …   Wikipedia

  • Marginal revenue — Typical marginal revenue and average revenue (price) curves for a firm that is not in perfect competition In microeconomics, marginal revenue (MR) is the extra revenue that an additional unit of product will bring. It is the additional income… …   Wikipedia

  • Marginal Revenue - MR — The increase in revenue that results from the sale of one additional unit of output. Marginal revenue is calculated by dividing the change in total revenue by the change in output quantity. While marginal revenue can remain constant over a… …   Investment dictionary

  • marginal revenue — income of a business from sales of every additional product, MR (Economics) …   English contemporary dictionary

  • Marginal factor cost — (MFC) is a rate expressed in currency units per units of input, such as labor. It is similar but not identical to a wage rate, which is currency units per unit time. For example, the MFC can be the change in total wages divided by the change in… …   Wikipedia

  • Marginal product of labor — In economics, the marginal product of labor also known as MPL or MPN is the change in output from hiring one additional unit of labor. It is the increase in output added by the last unit of labor.[1] Ceteris paribus that no other inputs to… …   Wikipedia

  • Marginal concepts — In economics, marginal concepts are associated with a specific change in the quantity used of a good or service, as opposed to some notion of the over all significance of that class of good or service, or of some total quantity thereof.… …   Wikipedia

  • revenue — rev‧e‧nue [ˈrevnjuː ǁ nuː] noun [uncountable] 1. also revenues ACCOUNTING FINANCE money that a business or organization receives over a period of time, especially from selling goods or services: • …   Financial and business terms

  • Marginal cost — A typical marginal cost curve with marginal revenue overlaid In economics and finance, marginal cost is the change in total cost that arises when the quantity produced changes by one unit. That is, it is the cost of producing one more unit of a… …   Wikipedia

  • Joint product pricing — Pricing for joint products is a little more complex than pricing for a single product. To begin with there are two demand curves. The characteristics of each demand curve could be different. Demand for one product could be greater than for the… …   Wikipedia

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