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drewster127 drewster127
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3 years ago
If a firm doubles its use of all inputs and output more than doubles, the firm experiences

▸ increasing returns to scale.

▸ constant returns to scale.

▸ decreasing returns to scale.

▸ increasing marginal returns to a fixed factor.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
Authors:
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zachcarytcriszachcarytcris
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3 years ago
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