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nakungth nakungth
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Posts: 1175
Rep: 3 0
6 years ago
Increasing returns to scale in production means
A) more than 10% as much of all inputs are required to increase output 10%.
B) less than twice as much of all inputs are required to double output.
C) more than twice as much of only one input is required to double output.
D) isoquants must be linear.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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oracledarrenoracledarren
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Posts: 455
6 years ago
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nakungth Author
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6 years ago
Thank you, thank you, thank you!
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Yesterday
Helped a lot
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2 hours ago
Thanks
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