Рет қаралды 291
Like the content? Buy me a coffee? !! Thanks so much !!
www.buymeacoffee.com/econhelp
Hi everyone. In this video I talk about the marginal product of capital which we sometimes notate as MP subscript K or MPK, and this video is all about the discrete case, So this is the simplest case, when our variables are changing discreetly.
Chapters:
0:00 Introduction
0:34 Definition
1:34 Example
3:58 The Sign of our Marginal Product
4:52 Diminishing Marginal Product of Capital
6:04 Note on Difference between Marginal Product and Returns to Scale