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.
The price of sugarcane will not rise and so the law of diminishing returns will not operate. The law of diminishing returns, therefore, in due to Imperfect substitutability of factors of production. The law of diminishing returns is also called as the Law of Increasing Cost.