Returns to scale

From Conservapedia
This is an old revision of this page, as edited by Aschlafly (talk | contribs) at 22:49, May 20, 2007. It may differ significantly from current revision.
Jump to navigation Jump to search

Returns to scale are the increase in percent output due to an increase in all the inputs. If output has a percent increase greater than inputs, then there is increasing returns to scale; if output has a percent increase less than the percent increase by inputs, then there is decreasing returns to scale.