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    Exam 11: Output and Costs
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    Constant Returns to Scale Means That as All Inputs Are
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Constant Returns to Scale Means That as All Inputs Are

Question 215

Question 215

Multiple Choice

Constant returns to scale means that as all inputs are increased


A) total output remains constant.
B) average total cost rises.
C) average total cost rises at the same rate as do the inputs.
D) total output increases in the same proportion as do the inputs.

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