wholesale red jewelry box The meaning of MPL, APL, and MPK in Western economics is: mPl, the marginal output of labor refers to the increase in the increase in the amount of the input of the variable element in one unit. apl, the average output of labor refers to the output produced by the amount of labor input of the average unit of labor. MPK, the marginal output of capital refers to the increase in the increase in the amount of capital input of a unit of capital.
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wholesale red jewelry box The meaning of MPL, APL, and MPK in Western economics is:
mPl, the marginal output of labor refers to the increase in the increase in the amount of the input of the variable element in one unit.
apl, the average output of labor refers to the output produced by the amount of labor input of the average unit of labor.
MPK, the marginal output of capital refers to the increase in the increase in the amount of capital input of a unit of capital.