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- Returns_to_scale abstract "In economics, returns to scale and economies of scale are related but different terms that describe what happens as the scale of production increases in the long run, when all input levels including physical capital usage are variable (chosen by the firm). The term returns to scale arises in the context of a firm's production function. It explains the behavior of the rate of increase in output (production) relative to the associated increase in the inputs (the factors of production) in the long run. In the long run all factors of production are variable and subject to change due to a given increase in size (scale). While economies of scale show the effect of an increased output level on unit costs, returns to scale focus only on the relation between input and output quantities.The laws of returns to scale are a set of three interrelated and sequential laws:Law of Increasing Returns to Scale,Law of Constant Returns to Scale,and Law of Diminishing returns to Scale.If output increases by that same proportional change as all inputs change then there are constant returns to scale (CRS). If output increases by less than that proportional change in inputs, there are decreasing returns to scale (DRS). If output increases by more than that proportional change in inputs, there are increasing returns to scale (IRS). A firm's production function could exhibit different types of returns to scale in different ranges of output. Typically, there could be increasing returns at relatively low output levels, decreasing returns at relatively high output levels, and constant returns at one output level between those ranges.In mainstream microeconomics, the returns to scale faced by a firm are purely technologically imposed and are not influenced by economic decisions or by market conditions (i.e., conclusions about returns to scale are derived from the specific mathematical structure of the production function in isolation).".
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- Returns_to_scale wikiPageExternalLink 10.1007%2Fs11123-013-0361-z.
- Returns_to_scale wikiPageExternalLink article?id=pde2008_I000297&edition=current&q=Increasing%20Returns&topicid=&result_number=5.
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- Returns_to_scale wikiPageWikiLink Capital_(economics).
- Returns_to_scale wikiPageWikiLink Category:Microeconomics.
- Returns_to_scale wikiPageWikiLink Category:Production_economics.
- Returns_to_scale wikiPageWikiLink Cobb-Douglas.
- Returns_to_scale wikiPageWikiLink Cobb–Douglas_production_function.
- Returns_to_scale wikiPageWikiLink Cost_curve.
- Returns_to_scale wikiPageWikiLink Diseconomies_of_scale.
- Returns_to_scale wikiPageWikiLink Economics.
- Returns_to_scale wikiPageWikiLink Economies_of_agglomeration.
- Returns_to_scale wikiPageWikiLink Economies_of_scale.
- Returns_to_scale wikiPageWikiLink Economies_of_scope.
- Returns_to_scale wikiPageWikiLink Experience_curve_effects.
- Returns_to_scale wikiPageWikiLink Factor_of_production.
- Returns_to_scale wikiPageWikiLink Factors_of_production.
- Returns_to_scale wikiPageWikiLink Homogeneous_function.
- Returns_to_scale wikiPageWikiLink Ideal_firm_size.
- Returns_to_scale wikiPageWikiLink James_M._Buchanan.
- Returns_to_scale wikiPageWikiLink Joaquim_Silvestre.
- Returns_to_scale wikiPageWikiLink Mohring_effect.
- Returns_to_scale wikiPageWikiLink Moores_law.
- Returns_to_scale wikiPageWikiLink Production_function.
- Returns_to_scale wikiPageWikiLink Socially_optimal_firm_size.
- Returns_to_scale wikiPageWikiLink The_New_Palgrave:_A_Dictionary_of_Economics.
- Returns_to_scale wikiPageWikiLink The_New_Palgrave_Dictionary_of_Economics.
- Returns_to_scale wikiPageWikiLinkText "Economies of scale".
- Returns_to_scale wikiPageWikiLinkText "Returns to scale".
- Returns_to_scale wikiPageWikiLinkText "economies of scale".
- Returns_to_scale wikiPageWikiLinkText "increasing returns to scale".
- Returns_to_scale wikiPageWikiLinkText "increasing returns".
- Returns_to_scale wikiPageWikiLinkText "returns to scale".
- Returns_to_scale wikiPageWikiLinkText "scale".
- Returns_to_scale hasPhotoCollection Returns_to_scale.
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- Returns_to_scale subject Category:Microeconomics.
- Returns_to_scale subject Category:Production_economics.
- Returns_to_scale type Article.
- Returns_to_scale type Article.
- Returns_to_scale type Microeconomic.
- Returns_to_scale comment "In economics, returns to scale and economies of scale are related but different terms that describe what happens as the scale of production increases in the long run, when all input levels including physical capital usage are variable (chosen by the firm). The term returns to scale arises in the context of a firm's production function.".
- Returns_to_scale label "Returns to scale".
- Returns_to_scale sameAs عوائد_الحجم.
- Returns_to_scale sameAs Skalenertrag.
- Returns_to_scale sameAs Rendimientos_de_escala.
- Returns_to_scale sameAs Eskala-errendimendu.
- Returns_to_scale sameAs Skaalaetu.
- Returns_to_scale sameAs Rendements_dxc3xa9chelle.
- Returns_to_scale sameAs Mérethozadék.
- Returns_to_scale sameAs Rendimenti_di_scala.
- Returns_to_scale sameAs Efekt_skali.
- Returns_to_scale sameAs m.04d43z.
- Returns_to_scale sameAs Economie_de_scară.
- Returns_to_scale sameAs Эффект_масштаба.
- Returns_to_scale sameAs Gospodarnost_obsega.
- Returns_to_scale sameAs Skalavkastning.
- Returns_to_scale sameAs Ефект_масштабу.
- Returns_to_scale sameAs Q282942.
- Returns_to_scale sameAs Q282942.
- Returns_to_scale sameAs 规模报酬.
- Returns_to_scale wasDerivedFrom Returns_to_scale?oldid=668900267.
- Returns_to_scale isPrimaryTopicOf Returns_to_scale.