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Definition of Law of diminishing returns
1. Noun. A law affirming that to continue after a certain level of performance has been reached will result in a decline in effectiveness.
Definition of Law of diminishing returns
1. Noun. The tendency for a continuing effort toward a particular goal to decline in effectiveness after a certain amount of success has been achieved. ¹
2. Noun. (economics) A relationship between input and output, such that adding units of any one input (labour, capital etc.) to fixed amounts of the others will yield successively smaller increments of output. ¹
¹ Source: wiktionary.com