Examples of 'returns to scale' in a sentence
Meaning of "returns to scale"
returns to scale - a concept in economics that refers to the rate at which output increases in response to an increase in all inputs. It is used to analyze the efficiency of production in the long run
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- a function describing how returns scale when production increases in the long run
How to use "returns to scale" in a sentence
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returns to scale
The definition of decreasing returns to scale is analogous.
Increasing returns to scale are another important source of market power.
Perfect competition and constant returns to scale.
The problem of returns to scale should also be investigated in that framework.
All of these activities are characterized by increasing returns to scale.
The assumption of constant returns to scale is also rejected.
In cities knowledge and ideas generate increasing returns to scale.
Deviations from constant returns to scale or perfect competition.
The production function has constant returns to scale.
Variable returns to scale.
One is based on the assumption of imperfect competition and increasing returns to scale.
It has constant returns to scale.
Note that returns to scale may change as the level of production changes.
It also assumes constant returns to scale.
Firms experiencing increasing returns to scale are also experiencing decreasing average total costs.
See also
Then it is a question of returns to scale.
Constant returns to scale is the in-between case.
The process of modernization is like a production process with increasing returns to scale.
The model features constant returns to scale and perfect competition.
Scale efficiency is relevant when the production technology presents variable returns to scale.
The industry exhibits increasing returns to scale and positive technical change.
International competition leads to increasing consolidation and firm sizes by creating higher returns to scale.
They found no econometric evidence of increasing returns to scale in the meat products industry.
Constant returns to scale on the linear hedonic function can be imposed by setting 0 0.
The increased industrial capacity caused by the increasing returns to scale further socializes production.
The concept of returns to scale arises in the context of a firm 's.
After output OB decreasing returns to scale set in.
The term returns to scale arises in the context of a firm 's production function.
CCR is adopted under the assumption of constant returns to scale.
Market imperfections and increasing returns to scale favour large producers and well established traders.
If the coefficient is 1, then production is experiencing constant returns to scale.
Economists still debate whether returns to scale are increasing, decreasing, or constant.
Moreover, production output is assumed to exhibit constant returns to scale.
The concept of returns to scale arises in the context of a firm 's production function.
Here, technology refers to the type of returns to scale prevalent.
These returns to scale create fewer, superstar firms clustered in fewer, superstar places.
Mid-sized mills consistently exhibited the largest returns to scale.
As China 's economy matures and slows, returns to scale are becoming more important.
If the coefficient is less than 1, then production is experiencing decreasing returns to scale.
Returns to scale are decreasing, and if.
Fixed money wage rate, unemployed resources and constant returns to scale are assumed.
Constant returns to scale (CRS).
Furthermore, for the chosen sectors, some are assumed to exhibit increasing returns to scale.
QS = segment ; decreasing returns to scale.
In contrast, big developed economies have a large manufacturing sector operating under increasing returns to scale.
This, then, leaves us in the world of increasing returns to scale.
If α + β = 1, the production function has constant returns to scale.
If φ = 1, the production function has constant returns to scale.
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Examples of using Returns
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The returns shown are net of management fees
Generate strong total returns for shareholders
Returns to your last open program or app
Examples of using Scale
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Too much lime scale in the appliance
If scale becomes difficult to remove with brush
But we must now scale up our actions
