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  3. Study Set
    Microeconomics
  4. Exam
    Exam 8: The Discovery of Production and Its Technology
  5. Question
    If All Inputs Are Doubled and the Resulting Output Increases
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If All Inputs Are Doubled and the Resulting Output Increases

Question 3

Question 3

Multiple Choice

If all inputs are doubled and the resulting output increases by more than a factor to two, the technology features


A) increasing returns to scale
B) decreasing returns to scale
C) constant returns to scale

Correct Answer:

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