The Law (or Principle) Of Diminishing Marginal Returns (or Productivity) Explained in One Minute

[@OneMinuteEconomics]

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[@mdkausar5179]

U explained within 2 minutes what I was trying to understand from half an hour.... Loved this vid

[@OneMinuteEconomics]

Thank you, comments like you always make me smile :)

[@danielan889]

My new favourite channel! Looking forward to also hearing more about recent economic trends

[@OneMinuteEconomics]

Comments like yours always make my day, thanks a ton Daniel!

[@COLLINSEO]

What a great video! I tried to read the definition but I couldn't get it.. This video made it clear for me 👏🏼

[@OneMinuteEconomics]

Hearing that always makes my day haha, thanks a lot Collin! :)

[@novastar603]

me too!!!

[@kris8772]

You can't imagine how helpful this channel is

[@OneMinuteEconomics]

Such comments always make my day, appreciate the kind words :)

[@harmonykoyi3475]

The best, most simple and practical way of understanding!
Kudos!

[@OneMinuteEconomics]

Really appreciate the kind words, thank you :)

[@komalkumari7211]

Ur 2min explained mine 1 hr useless thinking jst by reading the title but u explained in jst a presenting manner animation videos are always amazing thanks a lot ❤

[@OneMinuteEconomics]

Thanks a ton for the kind words :)

[@komalkumari7211]

Thanks to u back its all because of u ☺️

[@Sultaneq]

This is excellent education within such a short time. I really appreciate it.

[@idontknowyou2621]

Simple and easy to understand. Sometimes the lect takes it to complicated way😌 thank youu

[@OneMinuteEconomics]

You're more than welcome, always makes me happy that viewers find my vids easy to understand :)

[@user-11Il10I1]

I always heard this term but had little grasp on the idea. 100% understand what it meant. Great job.

[@OneMinuteEconomics]

Thanks a lot! :)

[@daleandrews3552]

I've heard this expression all my life but never looked into it or had a good example. Your illustrated scenario here does it beautifully with the example of a restaurant owner hiring more waiters and increasing the restaurant's overhead and his profits go down. Beautifully illustrated so now even a dummy like me can understand it. I "favorited" it!

[@OneMinuteEconomics]

Really happy you liked the video Dale, thanks a lot for the kind words :)

[@sreshwanth6561]

thanks a lot dude i didnt understand the topic and i have been studying this topic for more than 30 minutes now i finally understood the topic

[@OneMinuteEconomics]

Congrats, happy to hear you've successfully tackled it :)

[@eugeneibarra8518]

This is clear and good explanation and example, thankyou sir

[@Denisetev-o4m]

Thank you so much! I have an exam 2mrw and I can't understand this thing until I saw this. You made it clear

[@OneMinuteEconomics]

Hope you did well :)

[@Denisetev-o4m]

@@OneMinuteEconomics Yes I did👍🏻😊

[@MuhammadAjmal-rg6fy]

Thank You so much. It was really easy to understand by animation.

[@OneMinuteEconomics]

Very glad to hear that Muhammad, thank you!

[@Tyannagreat]

I'm able to understand this law in its best sense because of the character play. Thanks alot

[@OneMinuteEconomics]

Music to my ears, nothing makes me happier than finding out that my work... well, works :)
Thank you!

[@__Trident]

Thanks for Easy Explanation 🙂

[@OneMinuteEconomics]

Thank YOU for the kind words :)

[@gbaca07]

Perfect explanation. That is what I want, it to be explained in baby steps.

[@OneMinuteEconomics]

Glad to be of service :)

[@ashutoshdhanele3477]

Thanks for the understanding sir.

[@willofthepeople741]

Great video! Just to add, he can also make more money by cutting the workers' wages, which unfortunately is a thing.

[@OneMinuteEconomics]

Good point Tom, but there are risks involved: low morale leading to low productivity, the workers in question leaving and perhaps enough of them doing so to make the business unmanageable, etc. :)

[@willofthepeople741]

​@@OneMinuteEconomics I absolutely agree!

[@harshini9378]

Thanks a lot 😁 love from India🇮🇳❣️

[@OneMinuteEconomics]

Thank YOU for taking the time to say something nice, best wishes from Romania! :)

[@obumaodukwu-zm8kb]

Adding the 6500 dollars made it a constant returns? Then when it increased at first to 6000dollars it made it also an increasing return ?

[@subhamjha6562]

By reading and listening to lectures i didn't understood why this happens? But now i understand why.

[@OneMinuteEconomics]

Glad to hear that :)

[@Bakchoddeval]

That is simple. Thanks man!

[@OneMinuteEconomics]

Thank YOU for taking the time to say something nice :)

[@SAMARTH-u6m]

Nice explanation 😊

[@m.yousuf2920]

Very sweet example

[@OneMinuteEconomics]

:)

[@alaaqtishat1062]

amazing ,thank you!

[@unnativerma5]

Amazing 👏

[@kanizfatema8251]

Wow..your teaching skill is too good..now I'm clear about it
Thank you so much

[@OneMinuteEconomics]

Thank YOU for the kind words, comments like yours make everything worth it :)

[@ashajoseph1313]

Great Job!

[@OneMinuteEconomics]

Thank you :)

[@gw1403]

you absolutely banged this lad

[@OneMinuteEconomics]

Thanks a ton! :)

[@khangembamkumar7274]

Impressive, thank you 👍

[@OneMinuteEconomics]

Thank you for the kind words :)

[@tharakasandaruwan1194]

Very good video, can get clear idea,how to create this video?

[@mydology1089]

LOVED IT

[@OneMinuteEconomics]

Awesome, always glad to hear (well, see, heh) that :)

[@alparslankorkmaz2964]

Nicely explained.

[@OneMinuteEconomics]

Thank you, glad you liked the explanation :)

[@yuktirawat280]

Superb!

[@OneMinuteEconomics]

Thank you :)

[@robbylebotha]

I don't understand why this would be a "law" or in any way mind-blowing insight. It is just common sense.

[@OneMinuteEconomics]

Voltaire had a thing or two to say about common sense :)

[@robbylebotha]

@@OneMinuteEconomics yeah for sure, I just cant imagine an adult who does not understand this, just by experience alone

[@deeksha3201]

wow amazing explanation thank you😇😇

[@OneMinuteEconomics]

You are more than welcome!

[@antwanwimberly1729]

Information Technology taught me
Computer Science major

[@padhakoo9589]

Great videooooo

[@OneMinuteEconomics]

Thanks a lot :)

[@triptimehra5940]

thanks a lot .. very nicely explained

[@OneMinuteEconomics]

You're more than welcome, thanks for the kind words :)

[@mehranezare2349]

Greatttt and simple thnks

[@OneMinuteEconomics]

Glad you found the video helpful :)

[@SuadhHaleem]

GREAT. .... THANKYOU

[@OneMinuteEconomics]

Thanks a lot for taking the time to say something nice :)

[@hambaallah9968]

Thank you!! 🌹🌹🌹

[@OneMinuteEconomics]

You're welcome :)

[@vibhutijha4225]

Can you make more for indian students we need these

[@OneMinuteEconomics]

Will do my best :)

[@poisoned_durian8]

So helpful!

[@OneMinuteEconomics]

Happy to hear that, thank you :)

[@ShaniCallingcard]

But what is the reason of profit goes down

[@gabyromm4173]

Just great!!!

[@OneMinuteEconomics]

Thank you Gaby :)

[@GustavoSilva-ny8jc]

In essence he pays him the same salary but there's not much he can do since the other guys were taking the job well. New guy would need to speed another factor of production.

[@xingyilim8846]

Thanks

[@palakverma1570]

Best way to teach...
Really find it very useful...keep it up 👍👍

[@OneMinuteEconomics]

Really happy you feel that way, it's comments like yours and the positivity they spread that make me want to keep working hard :)

[@seemasatalkar4361]

Helpful ❤

[@OneMinuteEconomics]

Happy to hear that :)

[@OneMinuteEconomics]

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[@radhikakhanna3300]

thanku

[@RAY32100-M]

Thank You 😊

[@OneMinuteEconomics]

Thank YOU for taking the time to say something nice Ray, and welcome to the community :)

[@sugarcloudy]

how can it be applied on ecosystem?

[@AvakinJennifer]

Please make a video on producer's equilibrium also 🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻

[@OneMinuteEconomics]

Will do my best, can't make any promises at this point though, as things are crazy around here :(

[@soltimahesh]

thanks

[@OneMinuteEconomics]

You are more than welcome :)

[@sham_mhd9460]

Thank you

[@OneMinuteEconomics]

Thank YOU for the kind words :)

[@F.E.E]

thanks, I finally understood it I was embarrassed not understanding this law :')

[@OneMinuteEconomics]

Really happy to hear that, congrats!

[@RingtoneCentral]

Thomas Malthus the English Economist

[@지현박-r8m]

Is it a point that Mc equals mb when he hired 3 waiters?

[@pointlessf5784]

So true ' principal of law of diminishing returns' So much effort...LOL

[@MarioCalzadaMusic]

My god, internet is wonderful

[@OneMinuteEconomics]

It sure is :)

[@chakraqi6887]

Prince

[@mstrikesback168]

Whats a diminishin namamah?

[@OneMinuteEconomics]

Not sure I understand the question, sorry :(

[@omsairamsairam8176]

Tq sir ❤️😍

[@OneMinuteEconomics]

Thank YOU for the kind words :)

[@tonycruise]

thank you so simple! today i will fire a waiter

[@涵紫-w4u]

ok

[@deepakjamra5502]

👌👌👌

[@OneMinuteEconomics]

Thank you! :)

[@Pastor_Ajay_Singh_Official]

Please explain in Hindi

[@OneMinuteEconomics]

For now, using captions would be the best approach. Been meaning to launch channels in other languages over the years but never got around to it :(

[@itumeleng6055]

can you be my lecturer please?

[@OneMinuteEconomics]

At your service :)

[@rajasharma94]

why bill can't be a waiter

[@Miracleshappen2222]

❤️😍

[@OneMinuteEconomics]

Thank you :)

[@johnpollard5474]

Sounds like common sense...

[@OneMinuteEconomics]

Common sense is not so common, to steal Voltaire's line :)