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Both the law of diminishing marginal returns and returns to scale measure output as a result of changes in input.
Existing conditions for gainful trade under conditions of variable returns to scale are merely sufficient. Basing ourselves on the possible non-uniqueness of the production equilibrium under variable ...
This is a preview. Log in through your library . Abstract This article provides a theoretical framework related to Data Envelopment Analysis (DEA) in which an analytical relationship among eight ...