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    Principles of Macroeconomics Study Set 8
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    Exam 12: Production and Growth: Productivity Its Role and Determinants
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    If Your Firm's Production Function Has Constant Returns to Scale
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If Your Firm's Production Function Has Constant Returns to Scale

Question 46

Question 46

Multiple Choice

If your firm's production function has constant returns to scale and you increase all your inputs by 60%,then your firm's output will


A) not change.
B) increase,but by less than 60%
C) increase by 60%
D) increase by more than 60%.

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