Havre Daily News - News you can use

By Pam Burke 

View from the North 40: When the law enforces economics terms

 

December 21, 2018



The law of diminishing returns says that if all the factors in a process remain the same, except one, and that one is steadily increased, eventually a tipping point will be reached and everything will start failing, lose its luster, fall to wreck and ruin. You get what I’m saying.

As an example, let’s say your favorite full meal includes ice cream for dessert. One day you have your favorite meal with ice cream, but you just keep eating more and more ice cream.

Eventually, you will get sick of that ice cream, and then you will get sick from that ice cream. It’s likely, then, that at...



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