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Marginal Product Calculator

LAST UPDATE: August 29th, 2018

Calculator

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

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

Therefore, the marginal product is 0.70.

Sources and more resources

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