Diminishing returns

 

 

 

Diminishing returns

 

Glossary of business

 

Definition of diminishing returns

 

Diminishing returns (also known as decreasing returns) refers to a situation where adding more of a variable factor of production results in gradually smaller increases in output. This will mean costs increasing at an increasing rate.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

Job world

 

 

Definition and meaning of diminishing returns

 

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Meaning of diminishing returns

 

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What does diminishing returns mean ?

 

 

 

 

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