Economy, asked by TOKANMAHTO, 6 months ago

What do you mean by returns to scale ?​

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Answered by babitarajput9820
0

Answer:

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Answered by andriyajenson1233
7

Explanation:

Returns to scale refers to the rate by which output changes if all inputs are changed by the same factor. Constant returns to scale: a k-fold change in all inputs leads to a k-fold change in output.

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