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Other Fields Homework Help Economics Topic started by: bedau on Jul 26, 2017



Title: If the economy is characterized by constant returns to scale, then a
Post by: bedau on Jul 26, 2017
If the economy is characterized by constant returns to scale, then a
A) doubling of inputs will lead to a more than two-fold increase in output.
B) doubling of inputs will lead to a constant output.
C) doubling of inputs will lead to a two-fold increase in output.
D) doubling of inputs will lead to a less than two-fold increase in output.


Title: Re: If the economy is characterized by constant returns to scale, then a
Post by: thecrom on Jul 26, 2017
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