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Which of the following statements is correct if constant returns to scale are present? O a. A doubling of output will le

Posted: Fri Jul 01, 2022 7:56 am
by answerhappygod
Which Of The Following Statements Is Correct If Constant Returns To Scale Are Present O A A Doubling Of Output Will Le 1
Which Of The Following Statements Is Correct If Constant Returns To Scale Are Present O A A Doubling Of Output Will Le 1 (26.37 KiB) Viewed 31 times
Which of the following statements is correct if constant returns to scale are present? O a. A doubling of output will lead to inputs more than doubling. Output remains constant irrespective of inputs. O b. O c A doubling of inputs will lead to output more than doubling. O d. A doubling of inputs will lead to output also doubling.