What is Constant Returns to scale
What is Constant Returns to scale?
Expert
Firms cannot keep increasing returns to scale indefinitely after the first stage; therefore, firm enters a stage while total output tends to increase at a rate that is equal to the rate of increase in inputs. Such stage comes in to operation while the economies of large scale production are neutralized through the diseconomies of huge scale operation.
Illustrates the Barometric technique of Demand Forecasting?
Which of the given statements is not CORRECT: (w) Acquiring productive skills is known as investment in human capital. (x) General training increases a worker’s marginal productivity equally for many firms. (y) Specific training increases the productivity of the
identify two goods consumed by the majority of the neighborhood communities. Qn. establish the equilibrium of the consumers of the two goods
What is Demand Forecasting?
Explain the different types of income elasticity of demand.
Main determinants of wage differentials comprise: (1) general human capital requirements. (2) working conditions. (3) occupational crowding (4) specific human capital requirements. (5) All of the above. I need a go
Illustrates the Regression and Correlation statistical method of Demand Forecasting?
Illustrates the types of revenue?
Illustrates the differences between Sunk Cost and Incremental cost?
Explain the external economies of scale.
18,76,764
1936005 Asked
3,689
Active Tutors
1450357
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!