The diagram below shows the MRP curve for a firm producing copper plumbing pipe.The factor of production being considered here is hours of labour. 
FIGURE 13-1
-Refer to Figure 13-1.Suppose this firm initially has the marginal revenue product curve MRP1.One reason that the curve could shift to MRP2 is
Definitions:
Learning Curve Effects
The observed reduction in production costs and increase in efficiency as a company gains experience in manufacturing a product or providing a service.
Reliability
The degree to which an experiment, test, or measuring procedure yields the same results on repeated trials, indicating consistency and dependability.
Market Definition
The process of characterizing the boundaries of a market, including potential customers and competing products, to understand its dynamics and size.
Effective
Having the intended or expected outcome; the ability to achieve specific goals or results.
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