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-Refer to Table 7

Question 130

Multiple Choice

  -Refer to Table 7.2 to answer this question.Assume that technology and the price of inputs remain unchanged.If the firm builds a bigger plant and all of its inputs exactly double,what will be its output at economic capacity in the new plant under conditions of constant returns to scale? A) Exactly 800. B) Exactly 1,000. C) More than 500 but less than 1,000. D) More than 1,000.
-Refer to Table 7.2 to answer this question.Assume that technology and the price of inputs remain unchanged.If the firm builds a bigger plant and all of its inputs exactly double,what will be its output at economic capacity in the new plant under conditions of constant returns to scale?


A) Exactly 800.
B) Exactly 1,000.
C) More than 500 but less than 1,000.
D) More than 1,000.

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