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Llanis Llanis
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6 years ago
Suppose that capital and labor must be kept in a fixed proportion to produce a particular good. For example, digging a trench requires one worker who has one shovel. What does this imply about returns to scale?
A) There are constant returns to scale.
B) There are increasing returns to scale.
C) There are decreasing returns to scale.
D) Nothing.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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TecShdwTecShdw
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6 years ago
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Llanis Author
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6 years ago
Smart ... Thanks!
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Yesterday
this is exactly what I needed
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2 hours ago
You make an excellent tutor!
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