Abstract
The laws of returns explain the behaviour of output as the input of a variable factor changes. This, as we shall see in the next chapter, has an important bearing on the firm’s costs of production.
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© 1993 Barry Harrison
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Harrison, B. (1993). The Laws of Returns. In: Introductory Economics Course Companion. Palgrave, London. https://doi.org/10.1007/978-1-349-13004-7_7
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DOI: https://doi.org/10.1007/978-1-349-13004-7_7
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-57913-8
Online ISBN: 978-1-349-13004-7
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