|
Title: Which scenario below would lead to lower profits as we double the inputs used by the firm? Post by: nakungth on Oct 24, 2017 Which scenario below would lead to lower profits as we double the inputs used by the firm?
A) Increasing returns to scale with constant input prices B) Constant returns to scale with constant input prices C) Constant returns to scale with rising input prices (perhaps because the firm is not a price-taker in the input markets) D) all of the above Title: Re: Which scenario below would lead to lower profits as we double the inputs used by the firm? Post by: oracledarren on Oct 24, 2017 Content hidden
|