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Title: In the apparel and textile products industry, it is estimated that the elasticity of output with ... Post by: pirex on Oct 18, 2017 In the apparel and textile products industry, it is estimated that the elasticity of output with respect to labor is 0.70 and the elasticity of output with respect to capital is 0.31. These two measures indicate that the primary metals industry is most closely characterized by
A) weak decreasing returns to scale. B) nearly constant returns to scale. C) strong increasing returns to scale. D) no returns to scale. Title: Re: In the apparel and textile products industry, it is estimated that the elasticity of output with ... Post by: LBCea on Oct 18, 2017 Content hidden
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