Ssoon 50. If all inputs are trebled and theresultant output is doubled, this isa case ofA. O Constant returns to scaleВ.Increasing returns to scaleС.Diminishing returns to scaleD. O Negative returns to scale

Returns to scale refers to the extent of change in output level when all the inputs are raised by…

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0. If all inputs are trebled and the resultant output is doubled, this is a case of

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter7: Production, Costs, And Industry Structure

Section: Chapter Questions

Problem 28RQ: What shape of a long-run average cost curve illustrates economies of scale, constant returns to...

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Ssoon

50. If all inputs are trebled and the
resultant output is doubled, this is
a case of
A. O Constant returns to scale
В.
Increasing returns to scale
С.
Diminishing returns to scale
D. O Negative returns to scale

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