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Diminishing returns
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Diminishing returns

Creator
Creator
Seonglae Cho
Created
Created
2023 May 7 14:56
Editor
Editor
Seonglae Cho
Edited
Edited
2023 Dec 19 1:30
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수확체감

일정 크기의 토지에 노동력을 추가로 투입할 때, 수확량 증가가 노동력 증가를 따라가지 못하는 현상
Diminishing returns Notion
law of diminishing returns
 
 
Diminishing returns
In economics, diminishing returns are the decrease in marginal (incremental) output of a production process as the amount of a single factor of production is incrementally increased, holding all other factors of production equal. The law of diminishing returns states that in productive processes, increasing a factor of production by one unit, while holding all other production factors constant, will at some point return a lower unit of output per incremental unit of input. The law of diminishing returns does not cause a decrease in overall production capabilities, rather it defines a point on a production curve whereby producing an additional unit of output will result in a loss and is known as negative returns. Under diminishing returns, output remains positive, but productivity and efficiency decrease.
Diminishing returns
https://en.wikipedia.org/wiki/Diminishing_returns
Diminishing returns
 
 
 

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Diminishing returns
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