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
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.