Marginal Product of Labor
Tags: #Economics #MicroeconomicsEquation
$$\text{MPL} = \frac{\Delta \text{TP}}{\Delta \text{L}}$$Latex Code
\text{MPL} = \frac{\Delta \text{TP}}{\Delta \text{L}}
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Introduction
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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