What is another word for returns to scale?

Pronunciation: [ɹɪtˈɜːnz tə skˈe͡ɪl] (IPA)

Returns to scale refers to the phenomenon where increasing both inputs of production proportionately also leads to the same proportional output increase. Synonyms for returns to scale include economies of scale, as it indicates the production efficiency that arises from increasing the scale of production. Another synonym is productive efficiency, which highlights the ability to produce the maximum quantity of goods with the minimum amount of resources. Furthermore, increasing returns to scale, also known as economies of scale at an increasing rate, emphasizes the increasing benefits gained from expanding production. Overall, these terms describe the crucial economic concept that highlights the benefits of increasing the scale of production and the subsequent increase in output and efficiency.

What are the hypernyms for Returns to scale?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Related words: cost of production, is there a return on investment, does every business need a return on investment, how to calculate returns to scale, return on investment, return on capital, return on assets, profit margin

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