Law of diminishing returns/Definition

From Citizendium
Jump to navigation Jump to search
The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.
This article is developing and not approved.
 Main Article
 Discussion
Related Articles  [?]
Bibliography  [?]
External Links  [?]
Citable Version  [?]
 
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.

Retrieved from "https://citizendium.org/wiki/index.php?title=Law_of_diminishing_returns/Definition&oldid=504168"