Difference between revisions of "Diminishing marginal returns"

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(New page: Diminishing marginal returns consist of the inevitable point beyond which additions of a variable factor (input) will yield diminishing marginal returns (output) per unit of the variable f...)
 
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Diminishing marginal returns consist of the inevitable point beyond which additions of a variable factor (input) will yield diminishing marginal returns (output) per unit of the variable factor.  All other factors of production are held fixed for this analysis.
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#REDIRECT [[Diminishing returns]]
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Note that at first there may be increasing marginal returns, and this principle about diminishing marginal returns expresses what will be inevitably reached.
 
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[[Category:Economics]]
 

Latest revision as of 23:38, March 9, 2009

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