Exploring the Relation between Returns to Scale and Pecuniary Economies/Diseconomies.

Truett, Lila J.; Truett, Dale B.

Notes FAQ Contact Us

Back to results

Peer reviewed

ERIC Number: EJ504143

Record Type: Journal

Publication Date: 1995

Pages: N/A

Abstractor: N/A

ISBN: N/A

ISSN: ISSN-0022-0485

EISSN: N/A

Available Date: N/A

Exploring the Relation between Returns to Scale and Pecuniary Economies/Diseconomies.

Truett, Lila J.; Truett, Dale B.

Journal of Economic Education, v26 n2 p140-49 Spr 1995

Examines the behavior of long-run average cost when the firm knows it faces pecuniary economies or diseconomies of scale. Asserts that the central issue is the conditions under which the scale properties of the production function will or will not dominate the pecuniary effects of changing input prices. (CFR)

Descriptors: Business Cycles, Capitalism, Cost Indexes, Economic Factors, Economics, Economics Education, Higher Education, Productivity, Supply and Demand

Publication Type: Reports - Descriptive; Journal Articles

Education Level: N/A

Audience: Teachers; Practitioners

Language: English

Sponsor: N/A

Authoring Institution: N/A

Grant or Contract Numbers: N/A

Author Affiliations: N/A