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A firm's production function is given by the equation f(L, K) = 9.00104 10.6. The firm decides to double the levels of both inputs. Given
A firm's production function is given by the equation f(L, K) = 9.00104 10.6. The firm decides to double the levels of both inputs. Given this information, this production function exhibits Choose one: O A. increasing returns to scale. O B. decreasing returns to scale. O C. constant returns to scale. O D. increasing returns for low levels of inputs and decreasing returns for high levels of inputs
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