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Satsume Satsume
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4 years ago
A Cobb-Douglas production function:
A) exhibits constant returns to scale.
B) exhibits increasing returns to scale.
C) exhibits decreasing returns to scale.
D) can exhibit constant, increasing, or decreasing returns to scale.
Textbook 

Microeconomics


Edition: 8th
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CanihCanih
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4 years ago
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