Question

What is diminishing return law???

Answer 1

The law of diminishing return is that marginal return states that, at some point that adding an additional factor of the production results in smaller increases in the output.

Hope this helps!

Answer 2

Numerous different factors are presumed constant by the law. An additional description is given below.

Step-by-step explanation:

• In psychology, a definition that unless certain input factor becomes continued to increase whereas some considerations (hardware as well as a conference room) are kept constant, the outcome per unit including its dependent variable will inevitably decrease.
• This law specifically states that such an increased amount of some kind of single manufacturer component would result in a decrease in gross profit efficiency.