Slope of the Total Product Curve

Tags: #Economics #Microeconomics

Equation

$$\text{Marginal Product} = \frac{\Delta P}{\Delta L} = \frac{\text{Rise}}{\text{Run}} = \frac{\text{Change in Total Product}}{\text{Change in the Number of Units of an Input}}$$

Latex Code

                                 \text{Marginal Product} = \frac{\Delta P}{\Delta L} = \frac{\text{Rise}}{\text{Run}} = \frac{\text{Change in Total Product}}{\text{Change in the Number of Units of an Input}}

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Introduction

Equation



Latex Code

            \text{Marginal Product} = \frac{\Delta P}{\Delta L} = \frac{\text{Rise}}{\text{Run}} = \frac{\text{Change in Total Product}}{\text{Change in the Number of Units of an Input}}

Explanation

Latex code for Slope of the Total Product Curve.

  • : Change in Total Product
  • : Total Product Curve

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