Economics Dictionary of ArgumentsHome
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| Marginal Productivity - Economics Dictionary of Arguments | |||
| Marginal productivity: Marginal productivity in economics refers to the additional output produced when one more unit of an input (e.g., labor or capital) is added, keeping other inputs constant. It measures the contribution of that extra input to total production and typically diminishes as input usage increases, a concept known as the law of diminishing marginal returns. See also productivity, marginal costs, marginal utility, production factors. See also Marginal product._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Neo-Keynesianism | Marginal Productivity | Neo-Keynesianism, | |
| Rothbard, Murray N. | Marginal Productivity | Rothbard, Murray N. | |
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Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2026-02-07 | |||
