Last week I learned about the Law of Diminishing Marginal Utility. This week we are learning about another important law in economics which is the "law of marginal returns or the law of increasing costs".

We are asked to discuss in terms of our study in the ECON course, how might you know that you are at a point of diminishing returns, or where more study will not benefit you like it did before as well as identify any of the costs discussed in this lesson in your decision about how much study is enough.

So far we have gone over the topics of Opportunity costs, market equilibrium (supply and demand), and price discrimination. would love to get some insight or perspective from the experts in helping me with these topics of discussion.

Thank you in advance!