Law of Returns to Scale Definition, Explanation and Its Types
Returns To Scale. Web returns to scale is the increase in output of a firm or industry when the number of inputs is proportionally increased. Web returns to scale is a term that refers to the proportionality of changes in output after the amounts of all inputs in production have.
Web returns to scale is the increase in output of a firm or industry when the number of inputs is proportionally increased. Web returns to scale are the effects of changing the amount of capital and labor in a firm's production process. Web returns to scale is a term that refers to the proportionality of changes in output after the amounts of all inputs in production have.
Web returns to scale is the increase in output of a firm or industry when the number of inputs is proportionally increased. Web returns to scale is a term that refers to the proportionality of changes in output after the amounts of all inputs in production have. Web returns to scale is the increase in output of a firm or industry when the number of inputs is proportionally increased. Web returns to scale are the effects of changing the amount of capital and labor in a firm's production process.
