Question

Define an expansion path​

Answer 1

Explanation:

In economics, an expansion path (also called a scale line) is a path connecting optimal input combinations as the scale of production expands. which is often represented as a curve in a graph with quantities of two inputs, typically physical capital and labor, plotted on the axes.

Answer 2

In economics, an expansion path (also called a scale line) is a path connecting optimal input combinations as the scale of production expands. which is often represented as a curve in a graph with quantities of two inputs, typically physical capital and labor, plotted on the axes.