56. ECONOMIES OF SCALE VS RETURNS TO SCALE | Explaining conceptual difference ( tricks to remember )

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Thanks

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Thank you

[@aniketbhattacharya9256]

Well explained. Thank You.

[@economicspedia7096]

Glad you liked it. Stay tuned to Economics Pedia for more such content.

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[@arunkumarsabar7906]

Is economics of scale is different from increasing returns to scale?

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Thank you mam

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[@pawankumargupta9698]

Nice explained....👌👌
Please clear it that in Return to scale (for irs/crs/drs), Is the change in output/ input measured in an amount or in a rate of ?

[@economicspedia7096]

Thank you for the question Pawan, the Returns to scale measures the rate of increase of output due to increase in input.
Hope your query has been answered. Stay tuned to Economics Pedia for more such videos. Thank you.

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[@GautamKumar-fb6yl]

Does economies of scale lead to externalities?