Talk:Marginal product of labor
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Deprod
I have deprodded the article because I believe it can be expanded from its current state to resemble Marginal revenue.Smallman12q (talk) 22:22, 17 February 2009 (UTC)
- Google currently has 2.5m results...so I'm going to start expanding the article now.Smallman12q (talk) 22:29, 17 February 2009 (UTC)
Examples
The question is why a manager of a firm would begin operating with one worker? Why wouldn't the manager fully staff the operation before beginning productio? As for diminishing returns, why wouldn't a rational manager reserve capacity for future expansion? --Jgard5000 (talk) 23:20, 15 September 2009 (UTC)Jgard5000
- There is nothing about MP of labor that says that a manager *would* begin operating with one worker. The example of one worker serves as a simple way of describing MP. Wikiant (talk) 11:52, 30 September 2009 (UTC)
Yeager
Leland Yeager is NOT a member of the Austrian School, he is a self-described fellow traveller of both Austrians and monetarists —Preceding unsigned comment added by 77.254.18.3 (talk) 21:13, 31 January 2010 (UTC)
Marginal Product of Labor Table
How is it that hiring the eighth worker causes output to fall, but hiring the ninth causes it to rise again? I suppose something like that might be empirically observable (maybe the eighth and ninth people go off in a closet by themselves and cease bothering the first seven workers), but it doesn't seem to be a good illustration of the economic concepts being discussed. The image's page (http://en.wikipedia.org/wiki/File:Marginal_Product_of_Labor1_copy.png) doesn't offer any clarity.
I propose that if no one can come up with an objection, the table be altered so that marginal returns do not go positive again after initially turning negative.
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