diminishing returns


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diminishing returns

the characteristic of any production system in which increases in variable inputs result in increasing reduction of total output. An indicator of when to stop making additional inputs to the system, when the input exceeds the additional output.
References in periodicals archive ?
The results of diminishing returns were uncontested because these outcomes could be easily verified.
Most importantly, as innovation grows complex and costly, it reaches diminishing returns.
industrial average, and diminishing returns are going to set in, just as they did in other developing nations in the past, predict Jefferson (of Brandeis University), Hu (the National University of Singapore), and Su (Beijing University).
No marketing venture ever reaches the full limit of the market for its product because the law of diminishing returns prohibits the grossly disproportionate expenditures necessary to reach customers on the outside fringe of a product's market.
There could also be the law of diminishing returns.
The slope of IT-driven value delivery is near or at the point of diminishing returns.
Gluttony (overindulgence)--The Law of Diminishing Returns says, at some point, all things will lose their luster and not give you the kick in the pants they once did.
This is simply the flip side of the law of diminishing returns.
In the case of bourbon, age has diminishing returns after a point, but that point is a moving target--master distillers strive to strike a subtle balance between the main flavor components of vanilla and caramel flavors with that of the charred oak.
That is not an inconsiderable sum but the problem is that, as a percentage of council "turnover", we are at a point of diminishing returns if attempts are made to recover it.
This is the instantly recognizable light of an urban night on the wane, the light of crime, early-onset hangovers, and diminishing returns.
At some point, the law of large numbers, which encourages averaging, gives way to the principle of diminishing returns.