Diminishing returns

deals with the cost-minimization of producers. Isoquants are ideally drawn alongside isocost curves in capital-labour graphs, showing the technological trade-off between capital and labour in the production function, and also the decreasing marginal returns of both inputs. Increasing one input while holding the other one constant inevitably leads to decreasing marginal output, and this is reflected in the shape of…

request of Grete to move the furniture in his room so that he would have more space to wander and crawl. Though his mother is fragile and it was complicated to move the wardrobe, she suggested that they just leave it in the room so that if Gregor returns to his natural self “he…

Secondarily, the law of diminishing returns (according to Caplan) means that the little resources currently invested in foreign language education would have to be exponentially greater to have any visible effect. Granted that current investments in foreign language education are meagre…

argument. The silent mutual agreement to return home, takes us back to their first encounter with Revolutionary Road. The flashback highlights the hopeful ideals the protagonists had before being constricted into the very plastic suburban culture of the area, later observed in this passage. When contrasted with the present time, it is clear that falling into conformity is the reason for the development of their poor communication skills and diminishing…

Krishna in Bhagvad Gita says, "Four types of virtuous devotees worship me: the distressed; the seekers of wealth; the one who seeks knowledge of God; and the Jnani (wise)." A distressed person is the one who has never yet given a serious thought about God. And hence there comes a time in his life when he suffers a tremendous amount of suffering. This is a result of his or her previous Karma. And then, his suffering alleviates day by day by performing even more Karma. Eventually at some stage in…

no longer done by the Greeks in the modern day, but they still honour the gods by participating in weekly ceremonies and other activities to show their dedication to the gods, but there is a limited number of people who do this as it is slowly diminishing in…

Constitutional monarchy consists of having a system of government where a monarch still has a formal title in a state/nation without having any real power; while the head of state of a nation holds the political power over a country (Monarchy Constitutional, 2008). Monarchs essentially act as a figurehead towards a nation, while the leaders of the state actually govern the country. An example of a country that follows this is Canada. Although Canada holds the Queen of England with some regard,…

education in the world’s system began to falter. The failure of education has been blamed on the increase in usage of standardized tests. This has brought up the issue whether schools should continue the usage of standardized testing because America’s diminishing education is linked to over testing. Although standardized testing has been around for quite some time with significantly increased test scores, the repercussions of continually testing students has degraded students’ abilities of real…

The first problem is the workforce of the future as the bank dealing with the change and millennial challenge. The advances in technology and stiffer banking regulation has led to increase transparency. Banks are now looking for new ways to deliver value to clients and create a new competitive edge. The nature of the work of the bank is changing in the search for differentiation and drive to digitize the industry’s value chain, along with the skills required to deliver those services. As the…

Disability may only be a matter of judgement. This concept appears in Homer and Langley, where Edgar Lawrence Doctorow depicts the possibilities in the life of a blind protagonist, Homer Collyer. Although Homer discerns darkness in a negative connotation, darkness can only be seen and sight is not the only sense for humans. Thus, blindness does not replace the senses or disconnect the Collyer brothers from the world. In a passage on page 159, Langley Collyer’s theory of replacement enables Homer…