If inputs are increased by 10 percent and output increases by 20 percent, then _
ID: 2506139 • Letter: I
Question
- If inputs are increased by 10 percent and output increases by 20 percent, then __________ are said to exist. a. economies of scale b. constant returns to scale c. diminishing marginal returns d. diseconomies of scale
Explanation / Answer
If inputs are increased by 10 percent and output increases by 20 percent, then __________ are said to exist.
is the right answer
b. constant returns to scale
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