Webb6 juni 2010 · I began to think about the Law of Diminishing Returns, an economic concept that asserts that after a certain point further investment (or effort) does not increase … WebbExpert Answer. 100% (2 ratings) increa …. View the full answer. Transcribed image text: The principle of diminishing returns implies that as one input increases while the other …

079: The Law of Diminishing Returns by JC Deen

WebbHere’s a definition: “An economic principle that states that: as an investment in one-goal increases, but other variables stay the same, the return on investment will eventually … WebbThe 80/20 rule states that 80% of results are caused by 20% of key factors. Usually, the effort required to achieve the final 20% of results, such that a piece of work becomes … imt university hyderabad

Law of Diminishing Returns the Principle for Maximizing Efficiency …

Webb23 feb. 2004 · The law of diminishing marginal returns states that adding an additional factor of production results in smaller increases in output. After some optimal level of … WebbExample 1: one-input production function shape. The law of diminishing returns is shown in Fig. 6.5-2, where both the average product and marginal product are represented. The … imt university meerut