A Firm's Marginal Product Revenue Curve

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Uploaded by on Feb 1, 2012

Thinking about how much incremental benefit a firm gets from hiring one more person

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  • great!

  • In Knowledge based Economy rate of return is higher! Even if we introduce moral capital, rate of return is higher for moral than intellectual capital.

  • This is classical interpretation, where pure quantity is represented. I would ask mr. Kahn if instead of physical labor we introduce the quality of labor what is marginal productivity of labor.

  • @khanacademy thx for the videos.

  • As always, great videos!!!!

  • I can definitely feel the undercurrent of calculus in this one.

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