returns to scale

the relationship between OUTPUT of a product and the quantities of FACTOR INPUTS used to produce it in the LONG RUN. Where, for example, doubling the quantity of factor inputs used results in a doubling of output then constant returns to scale’ are experienced. Where ECONOMIES OF SCALE are present, a doubling of factor inputs results in a more than proportionate increase in output. By contrast, where DISECONOMIES OF SCALE are encountered, a doubling of factor inputs results in a less than proportionate increase in output.

单词	returns to scale
释义	returns to scale returns to scale the relationship between OUTPUT of a product and the quantities of FACTOR INPUTS used to produce it in the LONG RUN. Where, for example, doubling the quantity of factor inputs used results in a doubling of output then constant returns to scale’ are experienced. Where ECONOMIES OF SCALE are present, a doubling of factor inputs results in a more than proportionate increase in output. By contrast, where DISECONOMIES OF SCALE are encountered, a doubling of factor inputs results in a less than proportionate increase in output.
随便看	symmetric simple exclusion process symmetric space symmetric space (disambiguation) symmetric spherical triangles symmetric successive over-relaxation algorithm symmetric successive over-relaxation conjugate gradient symmetric successive over-relaxation semi-iterative symmetric superlattice symmetric sweep transmit diversity symmetric tensor symmetric tonic neck reflex symmetric top molecule symmetric transformation symmetries symmetrisation symmetrise symmetrised symmetrises symmetrising symmetrist symmetrix symmetrix automated replication symmetrix logical device symmetrization symmetrize