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law of diminishing returns

law of diminishing returns

1 7.2
After a point, adding more work gives smaller extra results
  • noun
  • /lɔː ʌv dɪˈmɪnɪʃɪŋ rɪˈtɜrnz/
  • Specialized
translation icon : ley de rendimientos decrecientes
  • The marketing team learned the hard way that after a certain point, increasing their budget gave them less return on investment, which is a clear example of the law of diminishing returns.

We of the minority see a law of diminishing returns in progress.

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Examples

  • Wouldn't this downgrade the quality of information flowing and play into the law of diminishing returns?

    Blog text (23)
  • These are all incorporated in modern oil depletion analyses, and the finding is that the law of diminishing returns still applies.

    Blog text (1)
  • I think it also has to do with the "law of diminishing returns."

    Blog text (34)
  • Good post about the law of diminishing returns.

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  • The law of diminishing returns has set in.

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  • Here the law of diminishing returns take effect because land starts to be limiting.

  • Both activities address the law of diminishing returns, just at different depths.

    Academic text (2014)
  • Campaign efforts, whether monetary or otherwise, are not immune to the law of diminishing returns.

    Academic text (1998)
  • Labor demand curves slope downward because of the law of diminishing returns.

    Academic text (2004)
  • Interestingly enough, exercise is very important, but at some point the law of diminishing returns applies.

    Blog text (8)

Surface Forms

Morphology

law + of + diminishing + return

The phrase is compositionally built: 'law' (a general principle) of 'diminishing' (getting smaller) 'returns' (yields/profits), so its basic meaning — a principle that returns get smaller — can be directly inferred from the constituents. This is a common, transparent nominal construction (and has parallels in many languages), so a B1 learner who knows the component words would likely grasp the general idea, even if some economic nuance might require higher-level knowledge.

Etymology

Law of diminishing returns comes from a simple image: imagine a farmer adding more fertilizer or workers, but each extra bag or person gives a smaller extra crop. So the 'law' means that after a certain point, putting in more effort or resources gives 'smaller gains' rather than bigger ones.