Appearance
Use device theme  
Dark theme
Light theme

What does law of diminishing returns mean?

Looking for the meaning or definition of the word law of diminishing returns? Here's what it means.

Noun
  1. The tendency for a continuing effort toward a particular goal to decline in effectiveness after a certain amount of success has been achieved.
  2. (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.
Find more words!
Use * for blank tiles (max 2) Advanced Search Advanced Search
Use * for blank spaces Advanced Search
Advanced Word Finder
Similar Words
Examples
The strangely pleasant thing about this is that it reverses the law of diminishing returns.
However, because of the law of diminishing returns, the way we've spent money on politics will change.
The law of diminishing returns limits benefits from pay boosts and bonuses.
The effects of the law of diminishing returns is especially felt if the rate of population growth exceeds the rate of productivity growth.
We think we can still achieve a lot this way, but recognise that there will be a point where the law of diminishing returns will apply.
There comes a point in the refurbishment process where the law of diminishing returns come into play.

See Also

Nearby Definitions
Find Definitions
go
Word Tools Finders & Helpers Apps More Synonyms
Copyright WordHippo © 2025