Sentence Examples with the word law of diminishing returns

As we discussed, the Law of Diminishing Returns states that each additional unit of a thing you get is worth a bit less to you than the ones you have already.

It is the law of diminishing returns from land, involving as it does - though only hypothetically - the prospect of a continuously increasing difficulty in obtaining the necessary sustenance for all the members of a society, that gives the principal importance to population as an economic factor.

Closely related to the law of diminishing returns is the Theory of Rent.