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Source
Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 6, No 4 (1964), Pagination: 229-243
Abstract
The size of industrial units has varied from time to time and also at the same time under different circumstances. A plant considered large at one time may become small after some lapse of years. Thus the change in various factors over a number of years affects size of plants. This change is continuous and quite rapid. The inertia, however, is greater in case of plants that need heavy capital expenditure, crating a lag between current size (for new plants and additions) and the general prevailing size (for the existing plants).