| 单词 | returns to scale |
| 释义 | returns to scale The relation between a proportional change in inputs to a productive process and the resulting proportional change in output. If an n per cent rise in all inputs produces an n per cent increase in output, there are constant returns to scale. If output rises by a larger percentage than inputs, there are increasing returns to scale. If output rises by a smaller percentage than inputs, there are decreasing returns to scale. |
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