Returns to Scale and Economies of Scale: Further Observations

Gregory M. Gelles and Douglas W. Mitchell

The Journal of Economic Education, 1996, vol. 27, issue 3, 259-261

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.

Date: 1996
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DOI: 10.1080/00220485.1996.10844915

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