Marginal product is the additional "output," however measured, when some input is added to the production process, holding all other inputs constant in their usage. "Uncle John" at Tigerboard has a post that indicates he understands the meaning of marginal product in team sports:
I have to say this about the Bird and Lebron posts. If you had a team with 4 players and added Bird and had those same 4 players
and added Lebron. Birds team would win more games. I'm not talking
about Larry and Lebron playing 1 on 1. I think the same about Magic and
Michael. Lebron has a lot to prove.
I will not add anything to that, except to say that I have no opinion on the subject of who's better: Bird or Lebron.
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