What does Law of Diminishing Returns mean?
A principle stating that adding more of one factor of production results in smaller increases in output.
The farmer experienced the Law of Diminishing Returns with extra fertilizer.
Law of Diminishing Returns in German, French, Spanish and Italian
GermanGesetz des abnehmenden Ertrags
Ertragsgesetz in der klassischen Ökonomie.
FrenchLoi des rendements décroissants
Baisse de productivité par unité ajoutée.
SpanishLey de rendimientos decrecientes
Menor incremento de producción al sumar recursos.
ItalianLegge dei rendimenti decrescenti
Riduzione del rendimento marginale.
Common phrases with Law of Diminishing Returns
- experience the law of diminishing returns
- principle of law of diminishing returns
- production law of diminishing returns
- efficiency law of diminishing returns
Synonyms and opposites for Law of Diminishing Returns
- Synonym Diminishing marginal productivity