law of diminishing returns

law of diminishing returns
principle which states that the quantity of the products that is derived from each additional unit of a production mechanism (above a certain limit) gradually decreases (Economics)

English contemporary dictionary. 2014.

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  • law of diminishing returns — ➔ diminishing returns * * * law of diminishing returns UK US noun [S] (also law of marginal returns) ► ECONOMICS the principle that after a certain point more work, investment, etc. produces smaller and smaller improvements or results: »None of… …   Financial and business terms

  • law of diminishing returns — noun a law affirming that to continue after a certain level of performance has been reached will result in a decline in effectiveness • Hypernyms: ↑law, ↑law of nature * * * : a principle in economics: at any given stage of technological advance… …   Useful english dictionary

  • law of diminishing returns — Econ. See diminishing returns (def. 2). * * * …   Universalium

  • (the law of) diminishing returns — the principle that as expenditure or investment increases each further increase produces a proportionately smaller return. → diminish …   English new terms dictionary

  • the law of diminishing returns — ► (the law of) diminishing returns the principle that as expenditure or investment increases each further increase produces a proportionately smaller return. Main Entry: ↑diminish …   English terms dictionary

  • Law of diminishing returns — Das Ertragsgesetz ist ein Modell aus der Volkswirtschaftslehre. Es beschreibt die Effizienz eines Wertschöpfungsprozesses, wenn nur ein variabler Produktionsfaktor erhöht wird, die anderen aber gleich bleiben (ceteris paribus). Damit bietet… …   Deutsch Wikipedia

  • law of diminishing returns — noun a) The tendency for a continuing effort toward a particular goal to decline in effectiveness after a certain amount of success has been achieved. b) A relationship between input and output …   Wiktionary

  • law of diminishing returns — noun Economics the theory or principle that constant increases in input or production will eventually result in progressively smaller increases in output or profit …  

  • law of diminishing returns — /ˌlɔ:r əv dɪˌmɪnɪʃɪŋ rɪ tɜ:nz/ noun a general rule that as more factors of production such as land, labour and capital are added to the existing factors, so the amount they produce is proportionately smaller …   Marketing dictionary in english

  • law of diminishing returns — /ˌlɔ:r əv dɪˌmɪnɪʃɪŋ rɪ tɜ:nz/ noun a general rule that as more factors of production such as land, labour and capital are added to the existing factors, so the amount they produce is proportionately smaller …   Dictionary of banking and finance

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