ADVANTAGES
Also called the law of diminishing marginal returns, the principle states that a decrease in the output range can be observed if a single input is increased over time.
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Law of diminishing returns  The Free Dictionary
This tendency of marginal returns to diminish as successive units of a variable resource (labor) are added to a fixed resource (land), is called the law of diminishing returns.
Define law of diminishing returns
This behavior of output with the increase in scale of operation is termed as increasing returns to scale, constant returns to scale and diminishing returns to scale.
Law of Diminishing Returns  Personal Excellence
Breaking an RSA10 key requires you to try each prime number betweentwo and one hundred. There are twentyfive of these, meaning RSA10is equivalent to about a 5bit symmetric cipher. Breaking an RSA20key requires you to try each prime number between two and onethousand: there are 168 of them, meaning RSA20 is equivalent to aboutan 8bit cipher. Doubling the keylength (from RSA10 to RSA20)didn’t give us the benefit that we naively expected. Each additionalbit gives correspondingly less in the way of additional security, andwe quickly reach a point of diminishing returns.
Law of Returns to Scale  Economics Concepts
The law of returns to scale describes the relationship between variable inputs and output when all the inputs, or factors are increased in the same proportion.
Law Of Diminishing Marginal Utility  Investopedia
The law of diminishing returns is significant because it is partof the basis for economists' expectations that a firm's shortrunmarginal cost curves will slope upward as the number of units ofoutput increases. And this in turn is an important part of thebasis for the 's predictionthat the number of units of product that a profitmaximizing firm willwish to sell increases as the price obtainable for that product increases.
The Law of Diminishing Defensive Effort  TV Tropes
That point of diminishing returns happens around RSA2048. Once youmove past RSA2048, you’re really not gaining very much. At the sametime, moving past RSA2048 means you lose the ability to migrate yourcertificate to a smartcard, or to effectively use it on some mobiledevices, or to interoperate with other OpenPGP applications that don’thandle large keys gracefully.
Law Of Diminishing Returns Hits Social Media Companies
(That is, first the marginal returns to successive smallincreases in the variable factor of production turn down, andthen eventually the overall average returns per unit of thevariable input start decreasing.) Since the law assumes that theavailable quantity of at least one factor of production is fixedat a given level and that technological knowledge does not changeduring the relevant period, the law of diminishing returnsnormally translates into a statement about the shortrunchoice of production possibilities facing a firm (since in thelonger run it is virtually always possible for the firm toacquire more of the temporarily "fixed" factor  building anadditional factory building, buying additional land, installingadditional machines of the same kind, installing newer and moreadvanced machinery, and so on.)
Law of Diminishing Returns/Law of Increasing Cost …
Given that farmers can often increase yields by increasing capital inputs, why is it that all farmers do not intensify the production of their land to the fullest extent possible? The answer is that in a freemarket system it is not rational for a producer to increase inputs to the point that production costs exceed the value of the increased returns. Thus, if a pumpkin farmer cultivating an acre of land decides to apply 100.00 of fertilizer to increase his yields, he must increase the value of his crop by at least 100.00 to break even. Suppose he applies 100.00 worth of fertilizer and keeps all other input the same, and suppose that his yield increases sufficiently to bring in an extra 200.00 in revenue. Was the fertilizer worth it? Obviously, it was. If the farmer (because the fertilizer worked out well) decided to increase the expenditure on fertilizer to 300.00, but, after doing so, found that though his yield increased even more, it did not increase sufficiently to cover the extra 200.00 invested in additional fertilizer, would he be wise to have continued with that level of expenditure for fertilizer, or should he have attempted to find that point where an additional dollar of input equals an additional dollar of output; and stop there? The answer is, of course, that he should seek to find that level of input that brings maximum profits, but not necessarily maximum yields. That is because the cost of production needed to maximize yields will actually diminish profits. This concept is called the law of diminishing returns. The bottom line here is that it is not always in a producer’s interests to maximize yields (see the following graph).
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