| 单词 | marginal revenue product |
| 释义 | marginal revenue product The addition to total revenue from a small increase in any factor input, per unit of the increase. This takes account both of the effect of the extra input in raising the quantity produced, and the effect of an increase in the quantity sold on the price that can be charged for it. Marginal revenue product equals marginal physical product times marginal revenue per unit of additional output sold. |
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