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suhail1073 suhail1073
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3 years ago
ProductLaborCapital
Tobacco products0.180.33
Paper products0.440.65
Transportation equipment0.44.048
Furniture0.600.40
Electronic equipment0.490.51
Petroleum0.300.88
Food0.430.48
Clothing0.700.30
Primary metal0.510.73


According to the table above, transportation equipment production exhibits

▸ decreasing returns to scale.

▸ constant returns to scale.

▸ increasing returns to scale.

▸ varying returns to scale.
Textbook 
Managerial Economics and Strategy

Managerial Economics and Strategy


Edition: 3rd
Authors:
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FrogmamaFrogmama
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suhail1073 Author
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3 years ago
Correct Slight Smile TY
Smair87
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Yesterday
Thanks
7.prime7105
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2 hours ago
Good timing, thanks!
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