Psychology Dictionary of ArgumentsHome![]() | |||
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Marginal Product of Capital - Psychology Dictionary of Arguments | |||
Marginal Product of Capital: The Marginal Product of Capital (MPK) is the additional output generated by investing one more unit of capital, holding other inputs constant. It measures capital productivity and influences investment decisions. MPK typically declines as more capital is added due to diminishing returns. See also Marginal efficiency of capital, Capital theory, Capital, Marginalism._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
Author | Item | More concepts for author | |
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Solow, Robert Merton | Marginal Product of Capital | Solow, Robert Merton | |
Ed. Martin Schulz, access date 2025-04-18 |