Concept
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Marginal Product of Labor (Physical)
![Marginal Product of Labor](../../../../../../../../../figures.boundless-cdn.com/20319/full/nal-product-of-labor1-copy.jpg)
Marginal Product of Labor
This table shows hypothetical returns and marginal product of labor. Note that in reality this firm would never hire more than seven employees, since a negative marginal product is bad for the firm regardless of the wage rate.
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