Why Trying to Be Too Organized May Actually Be Having the Opposite Effect

 

In economics we have this thing called diminishing returns. The encylopedia britannica defines it as:

An economic law stating that if one input in the production of a commodity is increased while all other inputs are held fixed, a point will eventually be reached at which additions of the input yield progressively smaller, or diminishing, increases in output.

What this means is that at a bakery for example, more people baking bread will result in more bread being made, right? But at one po...

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Published on February 01, 2017 06:00
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