Political economists have a dismal formula called the Law of Diminishing Returns, which casts a dark shadow upon industrial progress as it is commonly conceived.
This world likewise is at present largely under the dominion of Machinery and a Law of Diminishing Returns.
The law of diminishing returns of successive units of capital goods is based on the same principle as the law of diminishing returns of capital, but it is not identical with it.
Land is subject to what is called the law of diminishing returns.
Either one of the two agents of industry, used in increasing quantities in connection with a fixed amount of the other agent, is subject to a law of diminishing returns.
Such a doctrine is the so-called Law of Diminishing Returns, which Mill considered "the most important proposition in Political Economy.
Possibly the present generation of English industrial history will furnish many illustrations of the law of diminishing returns.
Closely related to the law of diminishing returns is the Theory of Rent.
The law of diminishing returns is the physical fact upon which the economic doctrine of rent is based, and requires careful attention.
And all the while, out in the suburbs of the city where the college is located, market gardeners are practicing on an enormous scale a new system of intensive agriculture which makes the "law of diminishing returns" a foolish joke.
Another is "the law of diminishing returns of agriculture," that you can get only so much product out of a certain piece of land, no matter how much labor and capital you put into it.
Likewise in every orthodox college the student is taught what his professors are pleased to call "the law of diminishing returns of agriculture.
A specific statement of the law of diminishing returns is that in the cultivation of land an increased amount of effort under usual conditions fails to give a correspondingly increased amount of produce.
This is called the law of diminishing returns, and is illustrated in every industry where the accumulations of nature are depended upon for making labor effective.
It follows from the points already made, that all permanent improvements in agriculture retard the operation of the law of diminishing returns.
It is through this law of diminishing returns, that the Creator has secured the gradual occupation, by men, of almost the whole earth.
They look like men who are going downhill, men who have reached the period of diminishing returns, and they feel exactly as they look.
The application of this law in economics is stated as follows by Professor John Bates Clark: "Labor, as thus applied to land, is subject to a law of diminishing returns.
According to the law of diminishing returns, the first satisfactions of any want have infinite value.
The law of diminishing returns works in the factory for fixing the wages in any scale which prevails throughout a level of pay.
The differing values of men in a social population are determined, as other values are measured, by the working of the law of diminishing returns.
The point of maximum production per head has been passed, and the law of diminishing returns is operating.
This "law of diminishing returns" may be illustrated by a simpler example.
The above list will hopefully provide you with a few useful examples demonstrating the appropriate usage of "diminishing returns" in a variety of sentences. We hope that you will now be able to make sentences using this group of words.
