// multi-utility computation suite · offline · instant · precise
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fin.Cobb-Douglas-production Calculator
Calculates output and marginal products of capital and labour using the Cobb-Douglas production function Y = A × K^α × L^(1-α). The Cobb-Douglas function exhibits constant returns to scale — doubling both capital and labour exactly doubles output.
Inputs
A Tfp
A multiplier applied in the calculation.
L Labor
Reference formula or conversion factor shown for context.
K Capital
Reference formula or conversion factor shown for context.
Alpha
Reference formula or conversion factor shown for context.
Results
output Y
Reference formula or conversion factor shown for context.
marginal product of labor MPL
The result of multiplying all input values together.
marginal product of capital MPK
The result of multiplying all input values together.
Y = A · L^α · K^(1-α)
Reference formula or conversion factor shown for context.
returns to scale
Sample size or count used in the calculation.
factor shares
A dimensionless multiplier applied in the calculation.