This property is called diminishing marginal product.

这一性质称为边际产量递减.

What is marginal product, and what does it mean if it is diminishing?

什么是边际产量,边际产量递减, 意味着什么?

The marginal product of any one factor depends on the quantities of all factors that are available.

任何一种要素的边际产量取决于可以得到的所有要素的数量。

The value of the marginal product is measured in dollars.

劳动的边际产值以美元(或其他货币单位)来衡量.

The wage equals the value of the marginal product of labor.

工资等于劳动的边际产值.

When a competitive firm hires labor up to the point at which the value of the marginal product equals the wage, it also produces up to the point at which the price equals the marginal cost.

一个竞争性企业雇佣越来越多的劳动，一直到边际产值等于工资那一点。 此时，它的产量也就达到了价格等于边际成本的一点。

Finally, this paper raises some brief countermeasures to how to achieve economic convergence from marginal product .

最后，本文对从边际生产率角度实现经济收敛提出了简要的政策建议。

A change in earnings of any factor can be found by analyzing the impact of the event on the value of the marginal product of that factor.

任何一种要素收入的变化，都可以通过分析某一事件对其边际产值的影响来发现。

Given the market wage for labors, the competitive, profit-maximizing firm hires workers up to the point where the value of marginal product of labor equals the wage.

给定工人的市场工资，竞争性的、利润最大化的企业雇佣工人的数量要在劳动的边际产值等于工资这一点上 。