Enter the total change in output and the total change in input into the calculator. The calculate will evaluate the marginal product.

- Marginal Benefit Calculator
- Marginal Product of Labor Calculator
- Marginal Utility Calculator
- Marginal Rate of Substitution Calculator

## Marginal Product Formula

The following equation is used to calculate the marginal product of a produced good.

MP = O / I

- Where MP is the marginal product
- I is the change in input
- O is the change in output

## Marginal Product Definition

A marginal product is the ratio of the change in output with a corresponding change in input of a good or service. For example how the out put would change with a doubling of the input.

## Marginal Product Example

How to calculate a marginal product?

**First, determine the change in input.**Calculate the total change in input.

**Next, determine the change in output.**Calculate the total quantity change in output.

**Finally, calculate the marginal product.**Use the equation above to calculate the marginal product.

## FAQ

**What is a marginal product?**

A marginal product is a measure of the ratio of input to output of a product. This input and output could be quantities, monetary, or other metrics.