<span>Rationalism is a philosophical movement which gathered momentum during the Age of Reason of the 17th Century.</span>
It was seen as unconstitutional.
St Petersburg was frozen and unusable for half the year
Also they didn't have fish to eat for half a year
So when that warm water port was acquired it was a game changer.
Answer:
Explanation:
Company increases the input by 20%
increase in output in percentage terms
= [(1500 - 1000) / 1000 ] x 100
= 50 %
So percentage increase in output is more than percentage increase in input
hence there is increasing return to scale at this product.
In case of increasing return to scale , cost of production per unit decreases .
There is increasing efficiency in production .
