Question
A production manager notices that when she triples all of her inputs simultaneously, her output doubles.The production manager determines that for this range of output,
A production manager notices that when she triples all of her inputs simultaneously, her output doubles.The production manager determines that for this range of output, the production function exhibits
Question 2 options:
A. constant returns to scale.
B. increasing returns to scale.
C. decreasing returns to scale.
D. undefined returns to scale.
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Real Estate Principles A Value Approach
Authors: David C Ling, Wayne Archer
5th edition
77836367, 978-0077836368
