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However, the rise in the number of HPs that were scale inefficient suggested that the increase in outputs was not proportionate to the increased number of inputs.
Fig. 3 The share of total potential for increase in outputs.
R&D process is characterized by time lags which mean that inputs do not result in immediate increase in outputs (Sharma and Thomas 2008).
Less low growth rate has to possess the ratio of the volume of innovative products and imports which characterizes relative increase in outputs in comparison with import analogs.
The CRS assumption states that a given and proportionate increase in all inputs in the long run will result in an increase in outputs in the same proportion.
As long as the increase in outputs is disproportionately greater than the increase in cost, such activities should be encouraged.
Similar(41)
An increase in output is long overdue.
In many cases there is a significant increase in output.
This increase in output stems from various factors.
That generally lags behind an increase in output".
The rise in factory production reflected a 4.2percentt increase in output of cars, trucks and parts.
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CEO of Professional Science Editing for Scientists @ prosciediting.com