Business Studies, asked by saloni2213, 3 months ago

site two reason for increasing returns scale in short run production function?

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Answered by rupalibhakat66

Answer:

Its main reasons are under-stated:Economies of Large Scale: Initially, as we employ more and more units of variable factors with fixed factors, productivity of both the factors increases. ... Elastic Supply: ... Elastic Supply: ... Division of Labour: ..

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