One possible explanation for increasing returns to scale is:
A)the use of more inputs in production
B)a decrease in the price of inputs
C)an increase in the price of inputs
D)increased specialization in production tasks

Question

Quizplus · Accepted Answer

Increased specialization in production tasks allows for workers to become more efficient in their specific task, leading to a higher overall output for the same amount of inputs. This results in economies of scale and increasing returns to scale.

One Possible Explanation for Increasing Returns to Scale Is