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File:Diminishing Returns Graphs.png

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Summary

Description
English: A pair of graphs. The first shows how diminishing returns impacts growth in total output. The second shows how diminishing returns is demonstrated by a reduction in marginal output as total input increases. This reduction in marginal output decreases the growth rate of average output, eventually decreasing it.
Date
Source Own work
Author Greentharp

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Captions

As Inputs increase, if the law of diminishing returns holds, output will increase at a slower rate. It can also be observed that Marginal output will decrease, eventually resulting in a lower Average output.

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graph

inception

1 November 2020

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current13:05, 1 November 2020Thumbnail for version as of 13:05, 1 November 2020703 × 1,094 (240 KB)GreentharpUploaded own work with UploadWizard
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