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dcrone dcrone
wrote...
Posts: 556
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6 years ago
All individuals and firms in a country must gain from trade in order for it to be beneficial to the nation.
 
  Indicate whether the statement is true or false



Question 2 - If a firm's output doubles when all inputs are doubled, production is said to occur under conditions of
 
  A) increasing returns to scale.
  B) imperfect competition.
  C) intra-industry equilibrium.
  D) constant returns to scale
  E) decreasing returns to scale.
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Replies
wrote...
6 years ago
[ 1 ]  FALSE

[ 2 ]  D
dcrone Author
wrote...
6 years ago
Appreciate this a lot
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