| 单词 | law of diminishing marginal productivity |
| 释义 | law of diminishing marginal productivityDefinition An economic rule governing production which holds that if more variable input units are used along with a certain amount of fixed inputs, the overall output might grow at a faster rate initially, then at a steady rate, but ultimately, it will grow at a declining rate. The law of diminishing marginal productivity needs to be taken into account by manufacturing business managers who wish to expand production. Use 'law of diminishing marginal productivity' in a SentenceYou must make sure that you don't get caught up in the LAW OF DIMINISHING MARGINAL PRODUCTIVITY or your business will suffer. I went over the economic rules and one of the first ones I learned about was the law of diminishing marginal productivity. Large scale manufacturers use the law of diminishing marginal productivity to help determine the optimal size and scale of an upcoming new warehouse to maximize returns on investment. |
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