Marginal product is the extra output gained by adding one unit of labor. It is calculated as:
Marginal product = change in total output / change in labor
To calculate marginal product, simply fill in the values below and then click the “Calculate” button.
Marginal product: 0.11
Explanation:
Marginal product = change in total output / change in labor
Marginal product = 20 / 180
Marginal product= 0.11
