PHILADELPHIA (AP) â Rain gave a pair of depleted bullpens a little boost. Tuesday night's game between the Atlanta Braves and Philadelphia Phillies was postponed by inclement weather, allowing both managers to rest their weary closers an extra day. A makeup date wasn't announced. It's expected the game will be played when the Braves return to Philadelphia on June 27-29.
MPK and MPL are partial derivatives of the production function. MPK = A * a * L^b * K^(a-1) MPL = A * b * K^a * L^(b-1) To think of MPK, suppose that you are keeping labor constant. MPK is the additional output you get from adding more capital. Same with MPL. Suppose that you are keeping capital constant.
DEFINITION of 'Microeconomics'. The branch of economics that analyzes the market behavior of individual consumers and firms in an attempt to understand the decision-making process of firms and households.It is concerned with the interaction between individual buyers and sellers and the factors that influence the choices made by buyers and sellers.icroeconomics is generally the study of individuals and business decisions, macroeconomics looks at higher up country and ...