value marginal product

Definitions

Economics

• marginal value product.
• abbreviation forMarginal value product
• The value of the marginal product of a factor in an industry; that is, the price of the good produced times the marginal product. Determines factor prices when all markets are competitive.

Nearby Definitions of “value marginal product”

• value chain
• value engineering (VE)
• Value Function
• value in use
• Value Judgment
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• Value of Information Analysis
• Value of Life
• Value Tree Analysis
• valve

Contexts for “value marginal product”

3 definitions in context
• Economics