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Total Product Yarrağımın BaşıdırEdit

Total product : is defined as

Average ProductEdit

Average

d as: Therefore allowing one to attain the following results:


(dTP)/(dVI)=MP

where TP is total product, MP is marginal product and VI is variable inputs. The analysis of marginal product is foundational to explaining the law of supply (upward-sloping supply curve) via the Law of Diminishing Marginal Returns.

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