If all inputs are doubled and so is the resulting output, the technology features
A) increasing returns to scale
B) decreasing returns to scale
C) constant returns to scale

Name: If all inputs are doubled and so is the resulting output, the technology features A) increasing returns to scale B) decreasing returns to scale C) constant returns to scale
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Question

Quizplus · Accepted Answer

Doubling all inputs and getting a doubled output indicates constant returns to scale, as the output increases in the same proportion as the input.

If All Inputs Are Doubled and So Is the Resulting