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The Production Function Exhibits

Question 47

Multiple Choice

The production function The production function exhibits A) decreasing returns to scale. B) constant returns to scale. C) increasing returns to scale. D) either decreasing or constant returns to scale, but more information is needed to determine which one. exhibits


A) decreasing returns to scale.
B) constant returns to scale.
C) increasing returns to scale.
D) either decreasing or constant returns to scale, but more information is needed to determine which one.

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