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 ?
This would take place because of the diminishing returns experienced in agriculture.
Diminishing Returns did not win this year, preserving its perfect record.
For men, debt starts to have diminishing returns on the probability of graduation at a lower level ($12,711) than for women ($14,682).
Private parking firms like New Generation rely on fear of court action and diminishing returns to make money from drivers.
Pakistan's dual policy towards the Taliban can unravel the whole game plan for which Pakistan exposed its land and people to grave risks, whose diminishing returns and serious damage are becoming apparent now," the editorial concluded.
The TV lawyers are eating each other up, and the law of diminishing returns is kicking in.
In fact, looking over his managerial career it has been one of diminishing returns.
There are many problems with that, not the least of which is that it becomes extremely expensive to keep them housed, and you get diminishing returns in terms of public safety benefits.
He added that the herd retirement program "has reached a point of diminishing returns," where there were a declining number of member farms that were expecting to use CWT as a means to liquidate their herds.
A related school of thought suggests that knowledge spillovers facilitate growth through innovation despite diminishing returns to the two traditional economic inputs of capital and labour (Romer, 1986; Lucas, 1988; Aghion and Howitt, 1997).
If your training on the treadmill is always eight miles per hour for 45 minutes then you are going to see diminishing returns very quickly," he said.
The next three times met with diminishing returns though, and "it's the way I tell 'em" only got rolled out a disappointing once - 20 minutes into the 50-minute show.