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If we have constant returns to scale and we increase the quantity of labor by 30% but keep the amount of capital constant, output will:
If we have constant returns to scale and we increase the quantity of labor by 30% but keep the amount of capital constant, output will:
Select one:
a.increase by less than 30%
b.not enough information to determine
c.increase by exactly 30%
d.increase by more than 30%
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