Introduction to Economics 1 Deneme Sınavı Sorusu #729483

If the output increases by the same percentage as the increase in all inputs. Which of the followings define the case stated above? 


Increasing returns to scale

Decreasing returns to scale

The marginal costs

Constant returns to scale

Average product of labor


Yanıt Açıklaması:

If the output increases by the same percentage as the increase in all inputs, this is named constant returns to scale. The correct answer is D.

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