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How does a scale factor relate to a scale factor?
Tautologically!
How does scale factor relate to perimeter?
Scale factor and perimeter are related because if the scale factor is 2, then the perimeter will be doubled. So whatever the scale factor is, that is how many times the perimeter will be enlarged.
How does the scale factor apply to the area?
The areas are related by the square of the scale factor.
How do you find the scale factor in math?
well.... first off you have to find the scale factor...
When you make a figure bigger or smaller using scale factor it is called?
Scale Factor
What is the law of returns to scale?
THE LAW OF RETURNS TO mean that law in which we study about the different period of the production in which increasing , decreasing , and constant returns to scale is studied
When a firm experiences increasing returns to scale its?
AFC will decrease
When a firm doubles its inputs and finds that its output has more than doubled this is known as?
Increasing returns to scale.
What is the difference between increasing returns to scale and economies of scale in terms of their impact on production efficiency and cost savings?
Increasing returns to scale refer to a situation where a company's output increases at a faster rate than its inputs, leading to lower average costs and higher efficiency. Economies of scale, on the other hand, occur when a company's average costs decrease as it produces more units. Both concepts result in cost savings and improved production efficiency, but increasing returns to scale focus on the relationship between output and inputs, while economies of scale focus on the relationship between production volume and costs.
What has the author BHARATI BASU written?
BHARATI BASU has written: 'INTERNATIONAL LABOR MOBILITY: UNEMPLOYMENT AND INCREASING RETURNS TO SCALE'
Difference between returns to scale and constant return to scale?
differentiate between returns to scale and constant return to scale
What does constant returns to scale mean in the context of economics and production processes?
Constant returns to scale in economics and production processes means that when all inputs are increased by a certain percentage, the output also increases by the same percentage. This implies that the production process is efficient and there are no diminishing or increasing returns as more resources are added.
Difference between return to factor and return to scale?
Return to factor The return attributable to a particular common factor. We decompose asset returns into a common factor component, based on the asset's exposures to common factors times the factor returns, and a specific return. Return to scale An economic concept referring to a situation in which economies of scale no longer function for a firm. Rather than experiencing continued decreasing costs per increase in output, firms see an increase in marginal cost when output is increased.
What are the Types of Returns to scale?
Economies of scale (costs decrease), diseconomies of scale (costs increase), constant returns to scale (costs stay the same)
What is the difference between variable proportions and returns to scale?
what is relationship between change in input and output. In the return's to scale (long term concept) all the factor are variable but in the variable proportions are some factor variable and some factors are fixed.
Define constant returns to scale?
My loose definition of constant returns to scale:Constant returns to scale occur when a given increase in output is brought about by the same proportional increase in returns.
Difference between economies and diseconomies of scale?
Scale of economies = the size of the economies - i.e how big the economies/savings are. Economies of scale = those economies that come as a result of the organization being big (as opposed to the same costs of in organization which is smaller)
