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From course:

Microeconomic MCQ 1

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Question:

15. Constant returns to scale occur when a doubling of all inputs A) doubles the price of outputs. B) more than doubles output. C) less than doubles the price of the inputs. D) exactly doubles output. E) less than doubles output.

Author: Gonza R



Answer:

D) exactly doubles output.


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Gonza R
Gonza R