If the proportionate change in output is more than the change in-09401
If the proportionate change in output is more than the change in input, it shows:
This multiple choice question (MCQ) is related to the book/course vu eco404 Managerial Economics. It can also be found in vu eco404 Final Term - Quiz No.3.
If the proportionate change in output is more than the change in input, it shows:
Constant returns to scale
Increasing returns to scale
Decreasing returns to scale
Economies of scale