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Home Q & A Board Other Fields Homework Help Business Economics
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bedau bedau
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7 years ago
If the economy is characterized by increasing returns to scale, then a
A) doubling of inputs will lead to a more than two-fold increase in output.
B) doubling of inputs will lead to a constant output.
C) doubling of inputs will lead to a two-fold increase in output.
D) doubling of inputs will lead to a less than two-fold increase in output.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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#1
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7 years ago
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bedau Author
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7 years ago
Thanks
kevin12323h
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Yesterday
Thank you, thank you, thank you!
noodlelicker
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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