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Scale order |
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Scale orderOrder to buy (sell) a security that specifies the total amount to be bought (sold) and the amount to be bought (sold) at successively decreasing (increasing) price intervals; often placed in order to average the price.Scale order Similar MatchesMinimum efficient scaleMinimum efficient scaleThe smallest output of a firm consistent with minimum average cost. In small countries, in some industries the level of demand in autarky is not sufficient to support minimum efficient scale. Constant returns to scaleConstant returns to scaleA property of a production function such that scaling all inputs by any positive constant also scales output by the same constant. Such a function is also called homogeneous of degree one or linearly homogeneous. CRTS is a critical assumption of the H-O Model of international trade. Contrasts with increasing returns and decreasing returns. Log scaleLog scaleA scale that illustrates changes in proportion. So if a share doubles in price from £1 to £2, and then doubles again from £2 to £4, the distance between 1 and 2 will be the same as the distance from 2 to 4 because in both cases the increase was a doubling. Returns to scaleReturns to scaleSame as increasing returns to scale. Decreasing returns to scaleDecreasing returns to scaleA property of a production function such that changing all inputs by the same proportion changes output less than in proportion. Example: a function homogeneous of degree less than one. Also called simply decreasing returns. Not to be confused with diminishing returns, which refers to increasing some inputs while holding other inputs fixed. Contrasts with increasing returns and constant returns. Further SuggestionsOffering scaleIncreasing returns to scale Economies of scale Economies of scale Scale enhancing Scale Inverted scale Scale economies External economies of scale Rescaled Range (R or S) Analysis Dynamic economies of scale External increasing returns to scale Scale in Diseconomies of scale Internal economies of scale |
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