Law of diminishing returns

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B

III - ACSAD Economics Report

LAW OF DIMINISHING
RETURNS

The law states that when
successive units of a variable
input work with a fixed input
beyond a certain point the
additional product produced by
each additional unit of a
variable, input decreases.

Law of diminishing returns

Law of diminishing returns

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Law of diminishing returns

1. LAW OF DIMINISHING RETURNS

2. The law states that when successive units of a variable input work with a fixed input beyond a certain point the additional product produced by each additional unit of a variable, input decreases.