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Llanis Llanis
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6 years ago
If a farmer produces 1000 bushels of corn using ten acres of land and one tractor and is able to produce 2000 bushels of corn using twenty acres of land and one tractor, the farmer has
A) increasing returns to scale.
B) constant returns to scale.
C) decreasing returns to scale.
D) no returns to scale.
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Microeconomics

Microeconomics


Edition: 6th
Author:
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ChronosChronos
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#1
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6 years ago
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Llanis Author
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6 years ago
Thanks
big_larry_samp
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Yesterday
Smart ... Thanks!
Marctheshark
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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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