Marginal product

From Conservapedia
This is the current revision of Marginal product as edited by DavidB4-bot (talk | contribs) at 12:33, July 11, 2016. This URL is a permanent link to this version of this page.
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

Marginal product (or marginal physical product) is the increase in total output due to an increase in one unit of input. It is defined as the change in total product, divided by the change in a variable input.