Marginal Product of Labor

Tags: #Economics #Microeconomics

Equation

$$\text{MPL} = \frac{\Delta \text{TP}}{\Delta \text{L}}$$

Latex Code

                                 \text{MPL} = \frac{\Delta \text{TP}}{\Delta \text{L}}

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Introduction

Economics,Microeconomics

Equation



Latex Code

            \text{MPL} = \frac{\Delta \text{TP}}{\Delta \text{L}}

Explanation

Latex code for Marginal Product of Labor.

  • : Marginal Product of Labor
  • : Change in Total Product(TP)
  • : Change in Labor(L)

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