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    Managerial Economics and Strategy Study Set 2
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    Exam 5: Production
  5. Question
    If a Firm Triples Inputs and Produces Twice the Output
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If a Firm Triples Inputs and Produces Twice the Output

Question 5

Question 5

Multiple Choice

If a firm triples inputs and produces twice the output, then there are


A) constant returns to scale.
B) no returns to scale.
C) decreasing returns to scale.
D) increasing returns to scale.

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