Law of diminishing returns/Definition

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< Law of diminishing returns
Revision as of 09:39, 6 July 2008 by imported>Derek Hodges (New page: <noinclude>{{Subpages}}</noinclude> A concept in economic theory which states that the output per input (productivity) declines if the input of a production factor is increased over a cert...)
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https://en.citizendium.org/wiki/index.php?title=Law_of_diminishing_returns/Definition&printable=yes
A definition or brief description of Law of diminishing returns.

A concept in economic theory which states that the output per input (productivity) declines if the input of a production factor is increased over a certain limit.

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