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Causes of Returns to Scale

Lesson 8 of 10 • 2 upvotes • 12:25mins

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Ishita Roy

We discuss in details about the economies and diseconomies behind increasing returns to scale, decreasing returns to scale and constant returns to scale.

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1

Theory of Production : Chapter Overview

5:46mins

2

Production Function

12:47mins

3

Total, Average and Marginal Physical Products

13:05mins

4

Law of Variable Proportions

13:28mins

5

Causes of the Law of Variable Proportions

13:09mins

6

Stages of Production

13:44mins

7

Returns to Scale

13:51mins

8

Causes of Returns to Scale

12:25mins

9

Comparison of Law of Variable Proportions and Returns to Scale

11:04mins

10

Chapter Revision

10:46mins

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