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nakungth nakungth
wrote...
Posts: 1175
Rep: 3 0
7 years ago
Which scenario below would lead to lower profits as we double the inputs used by the firm?
A) Increasing returns to scale with constant input prices
B) Constant returns to scale with constant input prices
C) Constant returns to scale with rising input prices (perhaps because the firm is not a price-taker in the input markets)
D) all of the above
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
Read 45 times
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oracledarrenoracledarren
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Posts: 455
7 years ago
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nakungth Author
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7 years ago
this is exactly what I needed
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Yesterday
Thanks
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2 hours ago
Thank you, thank you, thank you!
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