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In economics, diminishing returns are the decrease in marginal (incremental) output of a production process as the amount of a single factor of production is incrementally increased, holding all other factors of production equal (ceteris paribus).
The law of diminishing returns says that, if you keep increasing one factor in the production of goods (such as your workforce) while keeping all other factors the same, you’ll reach a point beyond which additional increases will result in a progressive decline in output.
Viele übersetzte Beispielsätze mit "diminishing returns" – Deutsch-Englisch Wörterbuch und Suchmaschine für Millionen von Deutsch-Übersetzungen.
The law says that with increasing inputs (capital / labor) the returns will keep becoming less and less, and yes eventually even negative. So your Marginal Return... will diminish...and perhaps even go negative if you add too many inputs.
- 13 Min.
- Sal Khan
- Cause were taking the average marginal productivity and not the MP at a point .
- You mean MPL=5 at L=1, MPL=4 at L=2, and so on..., right? Is it the same with MPR? was he wrong?
- Because marginal benefit keep decreasing with the increase in price of a product. And thats what the demand law is.
- For the last two graphs being straight lines, they are the graphs of the derivative of the original function. Check out calculus if you want to kno...
- He does not mean adding them upward. He actually means adding them rightward. And yes, with 1 extra laborer, the entire market gains, as wages will...
1. Jan. 2024 · The law of diminishing returns is one of the most famous laws in economics and it plays a central role in economic theory. It is said as first written by Anne Robert Jacques Turgot (1727–1781), an earlier advocate for economic liberalism, and further worked by Reverend Thomas Malthus (1766–1834), who applied it to agriculture ...
- mcriera-prunera@ub.edu
29. Apr. 2024 · The Law of Diminishing Returns, also known as the principle of diminishing marginal returns, is a fundamental concept in economics that describes the decrease in the marginal (incremental) output of a production process as the amount of a single factor of production is incrementally increased, while all other factors of production ...
a situation in which less and less is achieved despite the use of increasing amounts of effort or money: As diminishing returns set in on any given marketing tactic, revenues will exceed costs by less and less. Siehe auch.
