Protractor on the dial from 180°, as the dial is graduated from opposite zero marks to 90° each way. Since the spaces, both on the main scale and the Vernier scale, are numbered both to the right and to the left from zero, any angle can be measured. The readings can be taken either to the right or to the left, according to the direction in which the zero on the main scale is moved. Reading the Vernier scale: The bevel protractor Vernier scale may have graduations of 5′ (minutes) or 1/12°. Each space on the Vernier scale is 5′ less
Economies of scale one, and decreasing returns to scale by degrees of homogeneity less than one. If the firm is a perfect competitor in all input markets, and thus the per-unit prices of all its inputs are unaffected by how much of the inputs the firm purchases, then it can be shown that at a particular level of output, the firm has economies of scale if and only if it has increasing returns to scale, has diseconomies of scale if and only if it has decreasing returns to scale, and has neither economies nor diseconomies of scale if it has constant returns to