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Not necessarily. At some point you will get diminishing returns
"Diminishing returns" still implies a greater number. It doesn't imply negative growth. If a 3 day waiting period saves lives, then a 10 day waiting period would still save more lives - all of those saved in the first three days plus some additional number saved in days 4-10. Otherwise, you're claiming that the suicide rate would increase with a longer waiting period. Are you making that claim?