CALCULATORS
Production Analysis >> Cost Constraint of a Firm
BACK
The Marginal product of labor represents the increased volume of goods produced by each added unit of labor.
( Marginal product of labor (MPl = ΔTPl/ΔL).
Cost Constraint of a Firm
Number of labor units(L)
Number of capital units(K)
Wage rate(w)
Interest rate (r)
SUBMIT
Result