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The Returns to Scale Characteristic of a Production System

Question 15

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The returns to scale characteristic of a production system:


A) is measured by the way in which inputs can be varied in an unbroken marginal fashion rather than incrementally.
B) illustrates the distinct, or "lumpy," pattern of input combination.
C) shows the relation between output and the variation in all inputs.
D) is the relation between output and variation in only one of the inputs employed.

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