Marginal Value Product

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
MVP
Pronunciation
/ˈmɑrʤənəl ˈvælju ˈprɑdəkt/
Category
Business
Related Field
General

Examples in Context

  1. The increase in capital increases the marginal product of labor and the value of marginal product of labor for any given quantity of labor.

Other meanings of MVP