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 third level of saturation is even more difficult than the second level for technical reasons, while the fourth level of saturation is the "final frontier" and the space where the true law of diminishing returns in fact applies--the economic cost-effectiveness level.
Chapter 7 deals with the law of diminishing returns and shows "how its consequences have driven organizations to stagnation and devolution through value destruction.
I think it was only seventy intermissionless, unremitting minutes, but rarely can that law of diminishing returns have seemed so diminishing or the returns themselves so diminished.
Although the law of diminishing returns is hard at work here, there is no denying that this is a truly excellent cartridge for those who insist in the very best and have a budget that allows for shameless extravagance every once in a while.
This is because the belief exists at most companies that significant inefficiencies have been purged from their systems and that further economies should be subject to the Law of Diminishing Returns.
Although traditional cost accounting might support this view, there's also the law of diminishing returns.
The quest for such a theoritically perfect measure of the tax base, however, is not only flawed but wasteful of taxpayer and government resources because it violates the economic law of diminishing returns.
The model also predicts that as the response nears maturity and antibodies emerge with relatively high affinity, more mutation trials are required to produce a new generation of antibodies with still higher affinity -- a trend Kauffman likens to a law of diminishing returns.
The law of diminishing returns had not been subdued in the late eighteenth century and could have reasserted itself.
With so many important votes coming up-including the shift to parliamentary government, whether or not it includes federalism-demanding obedience will invoke the law of diminishing returns.
The law of diminishing returns leads one to expect the return on each additional unit of capital to decline.