menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 38
  4. Exam
    Exam 4: A Model of Production
  5. Question
    A Production Function Exhibits Constant Returns to Scale When You
Solved

A Production Function Exhibits Constant Returns to Scale When You

Question 104

Question 104

Multiple Choice

A production function exhibits constant returns to scale when you:


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

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q99: Which of the following do(es) NOT explain

Q100: A production function exhibits increasing returns to

Q101: Figure 4.4: Labor Market <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6622/.jpg" alt="Figure

Q102: The production function <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6622/.jpg" alt="The production

Q103: Convert the Cobb-Douglas production <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6622/.jpg" alt="Convert

Q105: The solution to the firm's maximization problem

Q106: As an economist working at the International

Q107: As an economist working at the International

Q108: The influences of institutions on economic performance

Q109: Differences in output across economies with the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines