returns to scale

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returns to scale

the relationship between OUTPUT of a product and the quantities of FACTOR INPUTS used to produce it in the LONG RUN. Where, for example, doubling the quantity of factor inputs used results in a doubling of output then constant returns to scale’ are experienced. Where ECONOMIES OF SCALE are present, a doubling of factor inputs results in a more than proportionate increase in output. By contrast, where DISECONOMIES OF SCALE are encountered, a doubling of factor inputs results in a less than proportionate increase in output.
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He may believe that his physical advantages of size, weight, and strength are the most effective ways of letting her know that he is still in control.
But older networks have enormous advantages of size, customer base, massive infrastructure and good understanding of the market - these can be leveraged to roll out future-proof networks.
Despite growing competition -- there are estimated to be nearly 50 burger store operators in Dubai alone -- Broad said Wendy's had the advantages of size and scale and could offer value for its products.
These firms] are achieving exceptional results and demonstrating the advantages of size, providing access to better clients and perhaps better employees," the report states.
All these advantages of size seem to indicate that the real estate crowdfunding sector will one day be dominated by a few big players.
However together the various measures will harness India's economic advantages of size diversity and a deep pool of labour and savings.
We use our distinct advantages of size, proven track record and unparalleled global network across 24 countries in 53 offices worldwide to provide permanent and contract recruitment solutions across all industry sectors and levels of seniority.
Since our first office opened in London in 1985, the Group continues to use its distinct advantages of size, proven track record and unparalleled network to provide tailored recruitment solutions.
The Company s patented power switch technology promises new levels of performance with unparalleled advantages of size, weight, cost and efficiency.
With its substantial human resources, and its obvious advantages of size and location, L.
While this is indeed true and an important aspect of the advantages of size it is not limited to cost advantages.
Although becoming the next giant isn't a pharma company's only possible strategic path, remaining competitive will increasingly mean capturing the advantages of size through mergers or creative alliances.