Multiple Choice
If your firm's production function has constant returns to scale and you increase all your inputs by 60%,then your firm's output will
A) not change.
B) increase,but by less than 60%
C) increase by 60%
D) increase by more than 60%.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q41: Nathan owns a bakery that bakes only
Q42: Human capital<br>A)can be thought of,metaphorically,as the quality
Q44: Human capital is the<br>A)knowledge and skills that
Q45: Last year a country had 800 workers
Q47: Which of the following statements is true?<br>A)Natural
Q48: If a good has become more scarce,then
Q49: Given that a country's real output has
Q50: Country A has twice as many workers
Q51: A professor at a university finds a
Q97: The equipment and structures available to produce