Investopedia

Unit of Production Method: Depreciation Formula and Practical Examples

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Simon Fraser University

I. Production and Cost: One Variable Input

1. If marginal product is decreasing, then average product must also be decreasing. 2. For a fixed-proportion technology, inputs cannot be substituted for each other in production. 3. The marginal ...
Investopedia

Marginal Cost: Meaning, Formula, and Examples

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
JSTOR Daily

The Estimation of Marginal Product from a Cobb-Douglas Production Function

This is a preview. Log in through your library . Abstract The sampling properties of the usual estimator of marginal product from a Cobb-Douglas production function are studied under the assumption of ...