Marginal Product Calculator

Reviewed By: Scott Hickam (MBA, Finance)

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

Enter how input and output changed — get the extra output from one more unit of input.

Two Points

Production Schedule

Input used (before → after)

Output produced (before → after)

Fill rows of (input, output). MP appears between each step.

Input

Output

—

Marginal Product

—

Show how this is calculated ▾ Copy result

Marginal Product Schedule

Marginal Product Formula

The following equation is used to calculate marginal product, which is the change in output produced by a change in input.

MP = O / I

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

To calculate the marginal product, divide the change in output by the change in input.

Marginal Product Definition

Marginal product is the change in output resulting from a one-unit (or other small incremental) change in an input, holding other inputs constant. It is commonly described as “additional output per additional unit of 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?

Marginal product is the additional output produced by an additional unit (or small increase) of an input, holding other inputs constant. It is calculated as the change in output divided by the change in input (ΔOutput/ΔInput). Monetary versions are typically handled by the value of marginal product (marginal revenue product), which multiplies marginal product by price (or marginal revenue).