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Suppose Apple could triple production of ipads by doubling its production facilities for those tablets. This is an example of A. constant returns to scale.
Suppose Apple could triple production of ipads by doubling its production facilities for those tablets. This is an example of
A.
constant returns to scale.
B.
the law of diminishing returns.
C.
increasing returns to scale.
D.
decreasing returns to scale.
E.
diminishing marginal rate of substitution.
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