When you study, how might you know that you are at a point of diminishing returns, or where more study will not benefit you like it did before? Can you identify any of the costs that would help you decide how much study is enough?
To answer this question you must consider how to measure the benefit that you derive from study. Possible methods include the number of textbook problems that you can solve per hour or the scores you get on tests. You will know you are at the point of diminishing returns when you get ...
This solution shows how you can use the law of diminishing returns to decide when you have studied anough.