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What is returns to scale in economics?

Returns to scale refer to a special relationship between output and input. During production, this relationship refers to the connection between the changes that occur with the output and those that began in the input.


What does the decreasing returns to scale graph illustrate about the relationship between input and output in production processes?

The decreasing returns to scale graph shows that as more input is added to a production process, the rate of increase in output decreases. This means that there is a point where adding more input does not result in proportional increases in output, indicating inefficiency in the production process.


Is an OMR an input or output?

is an omr and input or output device?


Is interactive whiteboard an input or output device?

both input r output


Is a graphic tablet output or input?

Input device.


Is a projector input or output?

it is an output device


What is the input to output ratio formula?

output/input


Is Digitizing Pad is an input or an output?

output and input


Is a CPU input or output?

Neither, it is not classified under input or output. It has its own identity


Is a robotic arm an input or output device?

Input


What is the difference between input and output?

What is the difference between output and input?If you sing into a microphone you can hear the microphone's output.Sound coming out of the power amp to the speakers.That is the input of the loudspeaker.Do you see the difference?Your voice is the microphone's input. Its output is electrical impulses that are input to the amplifier. The amplified impulses are the output of the amplifier and input to the speaker. Sound waves are output of the speaker and input to your ears.


What is a comparison of a machine's work output and work input?

Output is always greater than input. The output is multiplied from input.