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In the long run, if inputs are increased by 10 percent and output increases by 20 percent, then ...

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In the long run, if inputs are increased by 10 percent and output increases by 20 percent, then ...

In the long run, if inputs are increased by 10 percent and output increases by 20 percent, then __________ are said to exist.

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economies of scale

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constant returns to scale

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diseconomies of scale

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diminishing marginal returns

Textbook

Economics

Edition: 12^th

Author: Arnold

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