- progressively smaller rises in output resulting from the increased application of
a variable input, such as labour, to a fixed quantity, as of capital or land
- the increase in the average cost of production that may arise beyond a certain point
as a result of increasing the overall scale of production
Example Sentences Including 'diminishing returns'
An Evening in Roma and That's Amore make diverting novelty numbers, but diminishing returns soon set in.
Times, Sunday Times (2002)
By becoming a pop diva again, she has revitalised a career that, in the mid-1990s, was an exercise in diminishing returns.
Glasgow Herald (2001)
Nor had he apparently heard of the law of diminishing returns.
Douglas Haig, 1861-1928
Problem is, Allen's familiar tropes and themes are now being played for severely diminishing returns.
Globe and Mail (2003)
The law of diminishing returns means that parents have to use increasingly heavy methods to gain an increasingly unwilling compliance.
Volume growth need not necessarily be accompanied by diminishing returns , although the risk is quite real.
Business Today (2000)
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