What is Decreasing Returns to Scale (DRS)? - Intermediate Macroeconomics

The definition of Decreasing Returns to Scale (DRS). Given a Cobb-Douglas production function example, I show that it's decreasing returns to scale. I also show how DRS looks via a graph/diagram.


--------------------------------------------------------------------
Related Videos
Returns to Scale Overview - Definitio... - Overview of Returns to Scale
What is Constant Returns to Scale (CR... - Constant Returns to Scale (CRS)
What is Increasing Returns to Scale (... - Increasing Returns to Scale (IRS)
What is Decreasing Returns to Scale (... - Decreasing Returns to Scale (DRS)
Calculate Returns to Scale - Nine Dif... - Examples of determining returns to scale.

• #education
• #answer
• #solution
• #macroeconomics
• #macro_economics
• #tutorial
• #example
• #decreasing_returns_to_scale
• #drs_graph