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Suppose There Are Constant Returns to Scale

question 106

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Suppose there are constant returns to scale.Now suppose that over time a country doubles its workers,its natural resources,its physical capital,and its human capital,but its technology is unchanged.Which of the following would double?


Definitions:

License Terms

The legal terms and conditions that govern the use of software, specifying how it can be used, any limitations, and the rights of the user and the provider.

Cost

The amount of money required to purchase something or the expense incurred to create a product or service.

Complexity

The state or quality of being intricate or complicated, often used to describe systems or problems with multiple interconnected parts.

Software Bugs

Errors or flaws in a computer program that can cause it to produce incorrect or unexpected results, or to behave in unintended ways.

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