2. If labor s marginal product is less than its average product, 3. If labor s marginal product equals its average product, = 0 and the average product will reach its minimum value at that point, as this is the first-order condition for a minimum.arginal Product and Average Product. Consider a firm producing output with just two inputs, labor (L) and capital (K). The firm s total product (TP, or  Q  for quantity produced) is a function of its two inputs: TP = Q = f (L, K).
The average, or mean, wages for marine engineers and naval architects were $38.10 per hour or $79,240 per year in May 2009, according to the Bureau of Labor Statistics (BLS).alaries ranged from $41,070 and less for the worst-paid 10 percent of marine engineers to $121,900 and up for the occupation's top 10 percent of wage earners.
Average annual salary for a Marine Biologist is $53681 based on statistics in the U.S. as of 2015. The highest salary recorded was $111942. The lowest salary reported was $27148.These figures will vary on a state to state basis as these are averages across all 50 states.Median hourly wage for a Marine Biologist is $26.69 based on statistics in the U.S. as of 2015.he lowest salary reported was $27148. These figures will vary on a state to state basis as these are averages across all 50 states. Median hourly wage for a Marine Biologist is $26.69 based on statistics in the U.S. as of 2015.