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Returns to Scale

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Economics

What is Returns to Scale? Definition, Assumption, Types

What is Returns to Scale? Returns to scale imply the behavior of output when all the factor inputs are changed in the same proportion given…

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18 January 2021

Table of Contents

  • 1 What is Returns to Scale?
  • 2 Assumption of Returns to Scale
  • 3 3 Aspects of laws of returns
  • 4 Increasing Returns to Scale
  • 5 Constant Returns to Scale
  • 6 Diminishing Returns to Scale
  • 7 Business Economics Tutorial
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