Law of diminishing returns in simple terms would be not getting the same results or decreasing results even after adding additional time and resources. It is imperative for business owners to find that balance especially when it comes to variable cost and things that can be controlled. Speaking of balance, one must know when they stop retaining information they studied and tips or what I would call variables to retaining that information. Adding more hours to time studying does not produce better grades. And of course, not studying enough does not produce better grades. Therefore, finding that balancewould differ by each person. One could say their proven fixed cost when it comes to studying is 1-2 hours a night. Anything more or less than 1-2 hours has not proven to make a difference in their profit. The profit in this case being grades. Those results give a clear inclination of diminishing returns. Now, if 1-2 hours are not producing the profit (grade), then adding additional time would be the possible variable to see what in return works. Am I right about this? I need to know some feedback or comment on this.