18 Production
PRINCIPLES OF
ECONOMICS
FOURTH EDITION
N. G R E G O R Y M A N K I W
PowerPoint® Slides
by Ron Cronovich
L Q
(bushels 3,000
(no. of
of wheat
workers) per week) 2,500
Quantity of output
0 0 2,000
1 1000 1,500
2 1800 1,000
3 2400 500
4 2800 0
0 1 2 3 4 5
5 3000
No. of workers
CHAPTER 18 THE MARKETS FOR THE FACTORS OF PRODUCTION 7
Marginal Product of Labor (MPL)
Marginal product of labor: kenaikan output
karena adanya tambahan unit labor.
∆Q
MPL =
∆L
Dimana
∆Q = change in output
∆L = change in labor
VMPL = P x MPL
Apapun yang
meningkatkan P atau
MPL pada setiap L
akan meningkatkan D2
VMPL dan
D1
menggeser
kurva labor demand L
ke atas.
D
L
L1