LAW OF DIMINISHING MARGINAL RETURNS
An economic law which explains that as the number of new employees goes up, their marginal product, at some point, will be lower than the marginal product of the previous workers. If the company keeps on adding new workers, the workplace will become so crowded that more workers downscale the efficiency of other workers, hence decreasing the production of the factory.
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14:30 | New Housing Price Index | Mar | |
14:30 | Raw Materials Price Index | Mar | |
16:00 | Consumer Confidence | Apr | |
02:30 | PMI Manufacturing | Apr | |
02:30 | Tertiary Industry Index | Apr | |
02:30 | PMI Composite | Apr | |
08:00 | Public Sector Net Borrowing | Mar |