Difference between revisions of "Decreasing returns to scale"

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−	'''Decreasing returns to scale''' occur when the percent increase in productivity due to an increase in [[input]] is less than the percent all the inputs were increased. For example, if a company increases its input by 50% and their output increases by only 25%, it has decreasing returns to scale.

−	~~[[Category:Economics]]~~

Revision as of 00:02, September 12, 2007