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do firms operate at optimal scale
waht are the source of return to scale
differentiate between returns to scale and constant return to scale
economies of scale
Return to factor The return attributable to a particular common factor. We decompose asset returns into a common factor component, based on the asset's exposures to common factors times the factor returns, and a specific return. Return to scale An economic concept referring to a situation in which economies of scale no longer function for a firm. Rather than experiencing continued decreasing costs per increase in output, firms see an increase in marginal cost when output is increased.
do firms operate at optimal scale
waht are the source of return to scale
differentiate between returns to scale and constant return to scale
Yes, if one knows how to operate a bathroom scale.
economies of scale
Diminishing return of scale is a short run concept. It explains the relationship between the rate of output with increaring inputs of production. Economies of scale, on the other hand, explains the relationship between the LR average cost of producing a unit of good with increasing level of output. Diminishing return of scale is a short run concept. It explains the relationship between the rate of output with increaring inputs of production. Economies of scale, on the other hand, explains the relationship between the LR average cost of producing a unit of good with increasing level of output.
Return to factor The return attributable to a particular common factor. We decompose asset returns into a common factor component, based on the asset's exposures to common factors times the factor returns, and a specific return. Return to scale An economic concept referring to a situation in which economies of scale no longer function for a firm. Rather than experiencing continued decreasing costs per increase in output, firms see an increase in marginal cost when output is increased.
Economies of scale.
causes can b as follows: 1. limits of economies of scale- when the economies of scale are exhausted and diseconomies are yet to start, there may be a brief phase of constant return to scale. 2. divisibility of input- constant return to scale may occur in certain productive activities where the factors of production are perfectly divisible. for example, we may double the output by setting up two plants(factories) which uses the same quantity and the same type of workers, machinery, raw material and other inputs.
Bar charts should not be drawn in the scale to real life. Each bar should be in scale to every other bar, allowing proper interpretation.
If you mean an Exp. Share then you go to mr. Pokemon's house at Rt. with the red scale you should have picked up after battling gyrados. He will take it in return for an Exp. Share
Collect the rest of the five sacred items and return them to the Tree of Immortality.