Multiple Choice
Suppose you build bird houses. One day, you double the time you spend building and double the wood, nails, paint, and all the other inputs in order to build twice as many bird houses. What kind of production function is this?
A) decreasing returns to scale
B) zero returns to scale
C) constant returns to scale
D) increasing returns to scale
Correct Answer:
Verified
Correct Answer:
Verified
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