| diminishing returns | |
| —pl n | |
| 1. | progressively smaller rises in output resulting from the increased application of a variable input, such as labour, to a fixed quantity, as of capital or land |
| 2. | the increase in the average cost of production that may arise beyond a certain point as a result of increasing the overall scale of production |
| a gadget; dingus; thingumbob. |
| a scrap or morsel of food left at a meal. |