increasing returns to scale

English - Turkish

Definition of increasing returns to scale in English Turkish dictionary

(Ticaret) ölçeğe göre artan getiri

ölçeğe göre artan getiriler

Related Terms

returns to scale

(Ekonomi) Ölçeğe getiri

English - English

Definition of increasing returns to scale in English English dictionary

the principle that as one input increases, with other inputs fixed, the resulting increase in output is larger and larger

a situation in which a percentage increase in all inputs causes a larger percentage increase in output

A situation in which average cost of production decreases as output rises (p 331)

A situation in which a 1% increase in all inputs into production leads to more than a 1% increase in output

Technological conditions under which the percentage increase in a firm's output exceeds the percentage increase in its input; sometimes called economies of scale

Related Terms

returns to scale

(Ekonomi) In economics, returns to scale and economies of scale are related terms that describe what happens as the scale of production increases. They are different terms and are not to be used interchangeably

returns to scale

(Economics) financial index for assessing the growth of a factory's output when all input such as work or raw materials (etc.) have increased at the same ratio

Hyphenation

in·creas·ing returns to scale

Turkish pronunciation

înkrisîng ritırnz tı skeyl

Pronunciation

/ənˈkrēsəɴɢ rēˈtərnz tə ˈskāl/ /ɪnˈkriːsɪŋ riːˈtɜrnz tə ˈskeɪl/