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Marginal Product Calculator

LAST UPDATE: March 19th, 2020

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What is Marginal Product?

Marginal product is the ratio of change between an input (usually labor or capital) and an output (usually units produced).

Formula – How to Calculate Marginal Product

Marginal Product = Change in Output Produced ÷ Change in Input

Example

An output increases by 700 in the same period as an input increases by 1,000.

Marginal Product = 700 ÷ 1,000 = 0.70

The marginal product is 0.70.

Sources and more resources

WikipediaMarginal Product – A quick entry on marginal product and how it is calculated.