Law of diminishing returns/Definition: Difference between revisions
Jump to navigation
Jump to search
imported>Derek Hodges (New page: <noinclude>{{Subpages}}</noinclude> A concept in economic theory which states that the output per input (productivity) declines if the input of a production factor is increased over a cert...) |
(No difference)
|
Latest revision as of 09:39, 6 July 2008
A concept in economic theory which states that the output per input (productivity) declines if the input of a production factor is increased over a certain limit.