The Law of Diminishing Returns can seem counter-intuitive. What example of diminishing returns could be used to explain this concept to a friend?© BrainMass Inc. brainmass.com April 1, 2020, 7:34 pm ad1c9bdddf
A simple example is the effect of adding additional workers to a production process. Adding a few workers might increase ...
A straightforward example of the Law of Diminishing Returns