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38 bytes removed ,  01:44, December 22, 2007
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'''Marginal product''' is the increase in total output due to an increase in one unit of input.
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'''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.
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Marginal product (MP) = (change in total product) divided by (change in a [[variable]] input).
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"Marginal physical product" has the same meaning as "marginal product."
   
[[category:economics]]
 
[[category:economics]]
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