Example sentences of "great than [art] [adj] product " in BNC.

  Next page
No Sentence
1 This relationship is n't just common to product relationships it 's the same in cost revenue relationships as well Okay , so so what that diagram is saying in symbolic terms is that if the slope of the ideal product of labour curve , right , if D L P D A P L by D L positive , then the marginal product of labour must be greater than the average product of labour .
2 Let's rewrite that slightly differently and just say l over L open brackets into D T P L over D L minus T P over L , alright , what 's that in economic terms , well that 's simply , right , marginal product of labour in the brackets , right , minus the average product of labour , okay , so if if the marginal product of labour here is greater than the average product right , the righthand side is going to be positive right , therefore , average product is going to be positive okay , the marginal product is greater than the average product ah change the slope of the average product curve is going to be er positive therefore average product itself is positive and rising let's write that down as the marginal product of labour is greater than the average product of labour that implies changing slope of the er average product curve right , is positive implying that average product is positive itself and rising Okay , if the marginal product of labour , right , is less than the average product right , that implies the slope of the average product curve is positive therefore the average product itself , right , is positive and falling sorry right , so we can rewrite that somewhat succinctly , using the following D A P L over D L , right , is greater than equal to or less than zero if D T P L over D L , right , is greater than , equal to , less than right T P L over L the average product .
3 Let's rewrite that slightly differently and just say l over L open brackets into D T P L over D L minus T P over L , alright , what 's that in economic terms , well that 's simply , right , marginal product of labour in the brackets , right , minus the average product of labour , okay , so if if the marginal product of labour here is greater than the average product right , the righthand side is going to be positive right , therefore , average product is going to be positive okay , the marginal product is greater than the average product ah change the slope of the average product curve is going to be er positive therefore average product itself is positive and rising let's write that down as the marginal product of labour is greater than the average product of labour that implies changing slope of the er average product curve right , is positive implying that average product is positive itself and rising Okay , if the marginal product of labour , right , is less than the average product right , that implies the slope of the average product curve is positive therefore the average product itself , right , is positive and falling sorry right , so we can rewrite that somewhat succinctly , using the following D A P L over D L , right , is greater than equal to or less than zero if D T P L over D L , right , is greater than , equal to , less than right T P L over L the average product .
4 Let's rewrite that slightly differently and just say l over L open brackets into D T P L over D L minus T P over L , alright , what 's that in economic terms , well that 's simply , right , marginal product of labour in the brackets , right , minus the average product of labour , okay , so if if the marginal product of labour here is greater than the average product right , the righthand side is going to be positive right , therefore , average product is going to be positive okay , the marginal product is greater than the average product ah change the slope of the average product curve is going to be er positive therefore average product itself is positive and rising let's write that down as the marginal product of labour is greater than the average product of labour that implies changing slope of the er average product curve right , is positive implying that average product is positive itself and rising Okay , if the marginal product of labour , right , is less than the average product right , that implies the slope of the average product curve is positive therefore the average product itself , right , is positive and falling sorry right , so we can rewrite that somewhat succinctly , using the following D A P L over D L , right , is greater than equal to or less than zero if D T P L over D L , right , is greater than , equal to , less than right T P L over L the average product .
5 Yep er well you read it just go along the top the line here , alright , the slope of the average product curve , right , will be positive , right , greater than zero if the marginal product , right , is greater than the average product , right , the slope of the average product curve will equal zero , right , if the marginal product equals the average product and the slope of the er the average product curve will be negative , right , if the marginal product is less than er average product
  Next page