phenomenon in which greater input of effort, money, etc. yields smaller results. Crucial part of the idea is that if you're using x to get y results (where y is the thing you want). then additional input a will yield additional results b, but not in the same proportion as before.
On average, before, you put in x to get y, so your yield was y/x. But if you increase x by amount a, then your results will be y + b, where
(y + b)/(x + a) < y/x
and this will only get worse.
Diminishing marginal returns (DMR) is used to explain why the supply curve in economics slopes upward, i.e., increasing the quantity supplied requires an increased price of most things.
Sometimes DMR is more than offset by "economies of scale," which allows more of a thing to be supplied more cheaply than a small amount.
On average, before, you put in x to get y, so your yield was y/x. But if you increase x by amount a, then your results will be y + b, where
(y + b)/(x + a) < y/x
and this will only get worse.
Diminishing marginal returns (DMR) is used to explain why the supply curve in economics slopes upward, i.e., increasing the quantity supplied requires an increased price of most things.
Sometimes DMR is more than offset by "economies of scale," which allows more of a thing to be supplied more cheaply than a small amount.
At first his flowers and treats swept her off her feet, but then he had to do more and more lavish things to please her. It was a classic case of diminishing marginal returns.
by Abu Yahya June 3, 2009
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Morgin
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The best person on this planet, He is smart, attractive, and fun to be around. He always knows what he is talking about, and will win you attention in less than a minute.
A word used when describing how awsome something is
A synonym of amazing
A word used when describing how awsome something is
A synonym of amazing
Dude that is so Morgan
by a4815162342 April 25, 2011
Get the Morgan mug.Basically - Zoning out, going into a daydream like state and you can't help but do so. When your eyes become fuzzy and you love to stare at an object in front of your eyes.
It's both a natural thing that happens and can also be caused by smoking weed.
It's both a natural thing that happens and can also be caused by smoking weed.
"I can't stop monging out!"
by fezkayuu November 16, 2009
Get the Monging Out mug.the backbone to the russell brand's radio 2 show, so once he left it all went pete tong hence the whole andrew sachs kerfuffle. hope we get to see/hear him again on something soon.
matt morgan, oh yeah the geezer who was holding it all together, don't pin show him a pin, mind he'll go barmy
by hindutimes July 19, 2009
Get the Matt Morgan mug.An extremely attractive girl whos flirty personality and curvacious figure will keep you coming back for more. She's typically a brunette but occasionally acts blonde. She enjoys long relationships and has many close guy friends. Often mistaken for a "slut" but really isn't. She can also be a super bitch if you get onto her bad side.
by supermodel_2 August 6, 2009
Get the Morgann mug.A beautiful person(girl or boy) with a big personality. Morgan is very beautiful, extortionately, cool, sexy and special. You will walk by her and wonder if she is single or want to ask her out. Her looks and her personality are very alike. Morgan has a wonderful personality, she is very crazy and funny. A Morgan makes friends very easily and is a wonderful friend. A Morgan is determined , if they put there mind to it, they will accomplish it know matter what! A Morgan is usually very special, if you know a Morgan you are very special. They are usually athletic and very smart. A Morgan is the best person you can be.
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