diol m (plural diols) (organic chemistry) diol; Further reading âdiolâ in le TrÃ©sor de la langue franÃ§aise informatisÃ© (The Digitized Treasury of the French Language).
Noun. 1. law of diminishing returns-a law affirming that to continue after a certain level of performance has been reached will result in a decline in effectiveness. law of nature, law-a generalization that describes recurring facts or events in nature; the laws of thermodynamics. 1  Facebook.
View Full Document. Diminishing marginal returns occur when the marginal gain in output diminishes as each additional unit of input is added. The term constant returns to scale describes a situation where expanding all inputs does not change the average cost of production . If a firm is experiencing decreasing returns to scale , then as the quantity of output rises, the average cost of production rises.