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Rob's 1010 Notes

✏ Returns to Scale

Returns to Scale
Microsoft Excel Excel Google Sheets Google Sheets
Download: Returns to Scale.xlsx
Spreadsheet comparing CRTS, IRTS, and DRTS scenarios by increasing K and L by 10% and observing whether q increases by exactly 10% (CRTS), more than 10% (IRTS), or less than 10% (DRTS). Includes Cobb-Douglas shortcut using alpha + beta exponents.