In economics, an expansion path (also called a scale line) is a path connecting optimal input combinations as the scale of production expands. It is often represented as a curve in a graph with quantities of two inputs, typically physical capital and labor, plotted on the axes.
In economics, an expansion path (also called a scale line) is a path connecting optimal input combinations as the scale of production expands. It is often represented as a curve in a graph with quantities of two inputs, typically physical capital and labor, plotted on the axes.
Source: Wikipedia "Expansion path" · CC BY-SA 4.0
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