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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #729483
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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