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 Marine Biologist Hourly Wage in the United States. Marine Biologists earn a median hourly wage of $34.04. Hourly wages typically start from $19.09 and go up to $59.94. Marine Biologists earn a median salary of $70,800 per year. Salaries typically start from $39,700 and go up to $124,680. These numbers may vary depending on several factors, like level of education, amount of experience, industry, company size and location. Learn more about the Marine Biologist job market for salaries of real jobs in your area.