ALL meanings of law of diminishing returns
law of diminishing returns
L l - noun law of diminishing returns diminishing returns (def 2). 1
- noun law of diminishing returns The tendency for a continuing effort toward a particular goal to decline in effectiveness after a certain amount of success has been achieved. 0
- noun law of diminishing returns (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. 0