Top Posters
Since Sunday
s
5
g
5
K
5
o
5
g
5
o
4
k
4
s
4
I
4
k
4
j
4
o
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
pirex pirex
wrote...
Go to Answer
Posts: 634
Rep: 13 1
6 years ago
In the apparel and textile products industry, it is estimated that the elasticity of output with respect to labor is 0.70 and the elasticity of output with respect to capital is 0.31. These two measures indicate that the primary metals industry is most closely characterized by
A) weak decreasing returns to scale.
B) nearly constant returns to scale.
C) strong increasing returns to scale.
D) no returns to scale.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 87 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
Replies
Answer verified by a subject expert
LBCeaLBCea
wrote...
#1
Top Poster
Posts: 1248
Rep: 10 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

pirex Author
wrote...

6 years ago
this is exactly what I needed
Natalie Price
wrote...

Yesterday
Brilliant ツ
SUmmerPeople
wrote...

2 hours ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  776 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 533
  
 171
  
 226
Your Opinion
What's your favorite coffee beverage?
Votes: 299
Previous poll results: Should Ph.D.'s be addressed as doctors?