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A Production Function Exhibits Constant Returns to Scale If

Question 61

Multiple Choice

A production function exhibits constant returns to scale if:


A) when you hold inputs constant, you double the output
B) when you double each input, you more than double the output
C) when you double each input, you less than double the output
D) when you double one input, you double the output
E) when you double each input, you double the output

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