Question

difference between return of scale and return of factor
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Answer 1

Answer:

Returns to a factor studies the behavior of output when more and more units of the variable factor is combined with the fixed factor. Here, scale of production remains constant but factor ratio changes. Whereas the returns to scale studies the behavior of output when the scale of output changes.

Answer 2

Answer:

Return of factor and return of scale is the important laws of production.both law explain the difference between input and output.one the other hand the return of scale relates to the long period of production when a firm changes it's scale of production by changing one or more it's factor.