diminishing returns

(redirected from Law of increasing opportunity cost)
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Related to Law of increasing opportunity cost: Law of demand

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 classic literature ?
When I rode away from that city, across hundreds of miles of rice-fields and mountains, and through months of campaigning, and on with the victorious Japanese into Manchuria, I did not drink.
That they were taken by the military power, which rose so suddenly in China after the fall of the republic, and which wrested Manchuria and Korea from Russia and Japan, and also absorbed the Philippines, is quite within the range of possibility.