Economy, asked by bhawneek001, 5 months ago

what is meant by increasing returns to scale ? how does it arise ?

Answers

Answered by suryamrohith07

Explanation:

An increasing returns to scale occurs when the output increases by a larger proportion than the increase in inputs during the production process. For example, if input is increased by 3 times, but

output increases by 3.75 times, then the firm or economy has experienced an increasing returns to scale.

Previous Question

Next Question

Similar questions

Math, 2 months ago

Simplify using the laws of exponents: {(-3)³ x (-7)³ } {(21)² (21)⁴}...

Hindi, 2 months ago

''अधकपारी'' शब्द में कौन सा उपसर्ग लगा हैैं ? क) अ ख) अध ग) अधक घ) ई...

Social Sciences, 2 months ago

5.Why is it difficult to recycle plastics? * It is very hard It comes in different sizes It is adhesive It contains different types of polymer resins...

Chemistry, 5 months ago

वर्ग 2 में कितने तत्व होते हैं नाम लिखिए...

English, 5 months ago

Imagine that you are the secretary of a club which offers social services to local people. Write a notice on behalf of your club to inform the public that an Eye-treatment Camp will be run by you for a given period. A specialist will conduct the treatment programme. In the notice the following particulars should be given along with the main information (i) Name of the local club. (in) Name of the...

Social Sciences, 10 months ago

why do the seasons become changing ?

Environmental Sciences, 10 months ago

How to drink milk of turmeric ?

Biology, 10 months ago

DDT is a .................. waste .