Define dynamic increasing returns and give an example of a p

Define dynamic increasing returns and give an example of a product traded on international markets for which dynamic increasing returns are likely to be important.

Solution

Solution -

when the average cost of any product goes down with the cummulative output it called as a dyanamic returns increasing

example of dyanamic increasing returns

Airoplane Assembly - to creat a technology too establish or make new airoplanes that are updated more secure and financial efficient. modifications needed in airoplane model