Returns to Scale and Economies of Scale: Further Observations
Abstract
Despite discussions about the relationship between returns to scale and economies of scale under assumptions of constant and nonconstant input prices, mistakes continue to be made in textbooks on these issues. This article demonstrates the pointwise relation between returns to scale and economies of scale, with an adaption to a calculus-based intermediate microeconomics class.
Recommended Citation
Gelles, G. M., & Mitchell, D. W. (1996). Returns to Scale and Economies of Scale: Further Observations. Journal of Economic Education, 27(3), pp. 259-261. Taylor & Francis.
The definitive version is available at https://doi.org/10.1080/00220485.1996.10844915
Department(s)
Economics
International Standard Serial Number (ISSN)
0022-0485
Document Type
Article - Journal
Document Version
Citation
File Type
text
Language(s)
English
Rights
© 1996 Taylor & Francis, All rights reserved.
Publication Date
01 Jul 1996