answersLogoWhite

0


Best Answer

It means that the marginal output will continue to diminish for the business as production continues. The business will have to introduce new technology to prevent this effect.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Law of diminishing returns mean in the work world?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Causes of increasing and diminishing returns?

Each additional worker has less and less tools and equipments to work with consequently , the productivity of marginal worker eventually decreases


What is another work for getting smaller and smaller?

Diminishing


What does world of work mean?

world of work


What does industries world of work mean?

world of work


In the law of diminishing returns which factor causes productivity to drop after a certain point?

1.limited capacity of the organisation and supervision leads to diminish 2.increase of variable factor while other factors are remained constant may cause decrease. 3.constant state of technology-yhis cause diminish to occur if technology changes the law is delayed. 4.fixed productive capacity of the firm -if the firm is overstrained as more and more variable factors are added this cause the diminish returns. these are my answers my name is elias mndewa from Tanzania my email address is www.bsmndewa@arscp.org


How do you get on Tracy Beaker Returns 2012 and I mean as in what do you go on on the internet?

To get on Tracy Beaker Returns you need to have good dramatic skills so you should do drama at school, or work at a local theatre. You would usually need an agent and if your skills are good enough they will represent you and try to find you work.


Where do the charity unisef work?

If you mean UNICEF - they work all over the world.


When timber industries begin?

The industry returns to work in 2012


Who decides when a workers compensation patient returns to work?

The doctor


What does the old mean when he says he will have to do the 'slave work'?

He means he has do all the dirty work that no one wants to do in the world


What is the meaning of ethical considerations?

There is no best marketing method. They all work, provided, they are all executed properly. The best marketing method is the one that works best for you. The main thing is not to fall into the trap of jumping from method to method like so many marketers do. You have to be disciplined enough to be patient. You have to give whatever method(s) you're using a reasonable chance to work. Then, when you find something that works, milk it to the point of diminishing returns.


Taxes paid on wages from work or returns on investments are known as?

income taxes