In Reply to: $1 point of Diminishing return posted by Sumflow on June 12, 2012 at 19:52:18:
If the label on Y axis had been Total and not additional output, then the first derivative of the total function with respect to X exhibits "diminishing marginal returns" meaning that the first derivative of Y with respect to X is positive, but decreasing. At the maximum of the total function, it is zero.
Edits: 06/13/12
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- Graph - Frihed89 08:45:41 06/13/12 (0)