law of diminishing returns
Definition of law of diminishing returns
: a principle in economics: at any given stage of technological advance an increase in productive factors (as labor or capital) applied beyond a certain point fails to bring about a proportional increase in production
Test Your Vocabulary
Name That Color
-
- Name that color:

Test your vocabulary with our 10-question quiz!
TAKE THE QUIZ
A daily challenge for crossword fanatics.
TAKE THE QUIZLove words? Need even more definitions?
Merriam-Webster unabridged
Share law of diminishing returns