=+b. While the three-input production frontier has constant returns to scale, can you determine the effective returns

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=+b. While the three-input production frontier has constant returns to scale, can you determine the effective returns to scale of production once you take into account that available land is fixed?

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Microeconomics An Intuitive Approach With Calculus

ISBN: 9781337335652,9781337027632

2nd Edition

Authors: Thomas Nechyba

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Question Posted: Nov 04, 2024 09:00 AM

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=+b. While the three-input production frontier has constant returns to scale, can you determine the effective returns to scale of production once you take into account that available land is fixed?
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=+b. While the three-input production frontier has constant returns to scale, can you determine the effective returns

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Microeconomics An Intuitive Approach With Calculus

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