Microeconomics
Microeconomics
5th Edition
ISBN: 9781319098780
Author: Paul Krugman, Robin Wells
Publisher: Worth Publishers
Question
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Chapter 11, Problem eWYWL
To determine

To Discuss:

  • Returns to Scale
  • Concept Introduction:

  • Returns to scale is the change in the productivity that is the outcome from a proportionate increase in all the input it takes place in the long run where all the factors are variable in nature.

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