Question
You sell fruit smoothies. One day you double the time you spend and double all your inputs and make threefold as many smoothies. Your smoothie
You sell fruit smoothies. One day you double the time you spend and double all your inputs and make threefold as many smoothies. Your smoothie production function has
a.
decreasing returns to scale.
b.
zero returns to scale.
c.
constant returns to scale.
d.
increasing returns to scale.
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Financial Accounting
Authors: C Thomas,
12th Edition
007760086X, 9780077600860
