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    Business
  3. Study Set
    Managerial Economics
  4. Exam
    Exam 5: Production Theory and Estimation
  5. Question
    If a Firm Is Experiencing Increasing Returns to Scale, Then
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If a Firm Is Experiencing Increasing Returns to Scale, Then

Question 27

Question 27

True/False

If a firm is experiencing increasing returns to scale, then a doubling of output will require more than a doubling of all inputs.

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