The law of diminishing returns illustrated with a chart of broth quality as you add chefs from a single chef to one with a bunch crowding around and rather getting in each other's way

Law of diminishing returns

You might think that adding more of a good thing would make things better. And, yes, that’s often true, up to a point. However, the law of diminishing returns suggests that as you add more of a single factor, you are likely to yield progressively lower benefits.

It’s like the old adage, “Too many cooks spoil the broth.” Another cook or two might help, but beyond that, they’ll probably start getting in each other’s way. Aside from cooking broth, you might see the law play out in spending on advertisements, quality improvements in production or your wealth.

And we should also never forget that “more is different”.

The sketchplanation is a homage to perhaps my favourite comedy sketch with an early-career Simon Pegg in the series Big Train: the cake factory (video). Well worth two and a half minutes.

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