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.
Early economists, neglecting the possibility of scientific and technical progress that would improve the means of production, used the law of diminishing returns to predict that as population expanded in the world, output per head would fall, to the point where the level of misery would keep the population from increasing further.