# Difference between revisions of "Returns to scale"

From Conservapedia

Line 1: | Line 1: | ||

− | 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]]. | + | '''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]]. |

[[Category:Economics]] | [[Category:Economics]] |

## Revision as of 15:39, 25 November 2008

**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.