Diminishing marginal returns is basically the same concept as decreasing returns to scale..

Question

Quizplus · Accepted Answer

Diminishing marginal returns occur when adding an additional factor of production results in smaller increases in output, assuming other inputs are constant. Decreasing returns to scale happen when increasing all inputs leads to a less than proportional increase in output, affecting the entire production scale, not just a single input.

Diminishing Marginal Returns Is Basically the Same Concept as Decreasing