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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Smaller plants, which would become available by the 2020s, lack the economy of size that propelled the development and construction of the large plants, said Nichol.

Utah's energy future is bright

Plastic panels, on the other hand, are recyclable, and when produced at Logical's offices, also offer the economy of size, Ghattaura claims.

Special report: fences and hoardings in the UAE

Through their economy of size and gesture, Herzog and Kung find something outsize and emotionally powerful.

Dunja Herzog and G. Kung: ausstellungsraum klingental

Launched in the summer of 2012 it instantly attracted a strong following with its economy of size, fuel consumption and running costs matched with its big practicality, reasonable performance and refinement.

Small but perfectly formed... RoadTest

micro-," "flying under the radar," '"economy of size," "content is king," and--let's add--"the resiliency of the newsletter medium."

Newsletter industry sees vigorous M&A activity during a fearsome and volatile economic time

The reorganisation of police force areas and amalgamations has little to do with economy of size and everything to do with EU regionalisation.

Letter: Euro plot

Now it has only 3--an "economy of size." He predicted that in the next decade it will be the Big 4, with perhaps 15 regional firms.