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| Truett, Dale B. | 1 |
| Truett, Lila J. | 1 |
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| Guides - Classroom - Teacher | 1 |
| Journal Articles | 1 |
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Peer reviewedTruett, Lila J.; Truett, Dale B. – Journal of Economic Education, 1990
Argues that the return-to-scale concept is important in explaining to more advanced students how production structures underlie costs. Reviews Christopher Ross Bell's graphical analysis, contending that its argument suggests a variable-returns-to-scale function rather than one exhibiting decreasing returns to scale. Explores classic views and the…
Descriptors: Concept Teaching, Cost Effectiveness, Cost Estimates, Critical Thinking
