Hence, adjustments in resource allocation for economic optimum might be required to meet the needed percentage change based on the equality of marginal value products and marginal factor costs of inputs.
What does MVP stand for?
MVP stands for Marginal Value Products
This definition appears somewhat frequently and is found in the following Acronym Finder categories:
- Science, medicine, engineering, etc.
- Business, finance, etc.
See other definitions of MVP
We have 349 other meanings of MVP in our Acronym Attic
- Mississippi Valley Ozark Region
- Multiple Viewpoints Oriented Requirements Method
- Managed Virtual Office Solutions (Verizon)
- My Virtual Office Suite
- Ministerio de Vivienda, Ordenamiento Territorial y Medio Ambiente (Spanish; Uruguay)
- Many Voices, One Vision (Illinois Institute of Technology; Chicago, IL)
- Magnum Venus Products (Goshen, IN)
- Managed Virus Protection (software)
- Manpower Validation Program
- Manual Vacuum Pump
- Market Value Pricing
- Market-Value Pay
- Marketing Via Phone
- Marketing Vice President (various organizations)
- Master Verification Plan
- Matrix Vector Product (mathematics)
- Maximising Velocity and Power Track and Field Club (Kingston, Jamaica)
- Mean-Variance Portfolio (theory)
- Medium Voltage Panel (electricity)
- Mentors in Violence Prevention
Samples in periodicals archive:
If demand for water cannot be satisfied in the short run by charging marginal delivery cost a capacity constraint exists and an optimal allocation is achieved when the marginal value product of water in one use reflects the (opportunity) cost of foregoing its use in the best alternative activity--that is, when marginal value products are equalised.
Changes in real economic variables by altering marginal value products would produce changes in compensation and asset value.