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.
Salaries after B.Tech Marine Engineering in Government Organizations. The starting salary package that is offered to a Marine Engineering Graduate falls in the range of Rs 45000/- to Rs 60000 per month, in public sector jobs.The salary package of a Marine Engineer increases with experience.The higher grade professionals in the stream of Marine Engineering can earn an amount of Rs 50000 to Rs 75000 per month in addition to the various other benefits.alaries after B.Tech Marine Engineering in Government Organizations. The starting salary package that is offered to a Marine Engineering Graduate falls in the range of Rs 45000/- to Rs 60000 per month, in public sector jobs.