Photo Credit: Caitlinator
The law of diminishing returns, put simply is an economic law that states if one aspect of production is kicked up a notch while everything else remains static or constant, the returns will eventually decrease after a certain point. Thus, sometimes doing more work or giving more effort will yield a negative result as opposed to a positive one.
Since I’m not very well versed in economics, that’s about all you’ll be hearing from me on this topic, however if you’re interested in that type of thing, I’d recommend checking out MD’s blog, studenomics. [Read more...]

