While
the law of diminishing returns influences all markets there are four levels of saturation within the maturity stage (see Chart 2).
Big booths are impressive, but
the law of diminishing returns will apply.
Its very thoroughness -even the textual variants in reprints of early reviews are catalogued, and the editor's long introduction duplicates much of the material included in other sections-generates inflation, and
the law of diminishing returns sets in: the sheer length of the work, with its large pages and small print, will render its most valuable elements difficult of access to all but the most assiduous readers.
EVIDENCE of
the law of diminishing returns has been revealed to Mr Brocklebank.
What more can their players prove this campaign before
the law of diminishing returns kicks in?
Recyclers of industrial and commercial streams, who think as business owners first and foremost, would be quick to explain
the law of diminishing returns when chasing secondary commodities: Don't expend a lot of energy and time for a quantity of material that doesn't justify the expense.
Similarly, 1997's Batman & Robin, the last installment in a series that demonstrates
the law of diminishing returns better than most economic textbooks could ever hope to, managed to turn away the masses far more effectively than Fredric Wertham's homophobic declamations in Seduction of the Innocent.
After that, the energy begins to fade and
the law of diminishing returns sets in.
Innovation matters so much because it affords the economy a way of escaping
the law of diminishing returns that otherwise would inexorably reduce the punch from simply adding more capital or labor.
Boer shows how to recognize the signs of value destruction and use innovation to overcome
the law of diminishing returns. Readers will learn how the management of systematic (market) risk requires different techniques--and provides different opportunities--than the management of unique (private) risk (see "Valuation of Technology Using `Real Options'," RTM, July-August 2000, pp.
Others followed what he calls
the law of diminishing returns. Then there were the ones he simply rejected as a matter of prudence--for fear of alarming the building inspector.
Secondly, there is massive evidence that science is subjected to
the law of diminishing returns, cast in the known rule "first dollars (read: smaller grants) are the most cost-effective."
Possible gains in both areas are limited by
the law of diminishing returns. Most insurers that have invested in loss control find at some stage that an additional dollar spent no longer leads to a dollar or more saved.
Although
the law of diminishing returns is hard at work here, there is no denying that this is a truly excellent cartridge for those who insist in the very best and have a budget that allows for shameless extravagance every once in a while.
This is because the belief exists at most companies that significant inefficiencies have been purged from their systems and that further economies should be subject to
the Law of Diminishing Returns. Further, the Gospel du Jour states that the road to competitive advantage and market leadership runs through The Land of Increased Sales.