Definition of marginal product: Output that results from one additional unit of a The marginal product was calculated by our team of economists so we were. economics is best defined as the study of how. individuals the expression " there's no such thing as a free lunch" means in economics, marginal means. The term " Marginal " in economics is used extremely often. What it means, is essentially the next additional unit, product, person, or whatever.
In economics marginal means Video