If Your Firm's Production Function Has Constant Returns to Scale,then

question 13

Multiple Choice

If your firm's production function has constant returns to scale,then if you double all your inputs,your firm's output will

• A)double and productivity will rise.
• B)double but productivity will not change.
• C)more than double and productivity will rise.
• D)more then double but productivity will not change.

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Definitions:

Black Families

Refers to family units or kinship groups within the African American community, often studied in the context of sociology and history for their dynamics, structure, and cultural heritage.

Northern Capitalists

Wealthy industrialists and financiers from the northern United States who played a significant role in the country's economic development post-Civil War.

Freedpeople

Individuals who have been released from the condition of slavery, often in the context of the 19th-century United States following the Civil War.

Agricultural Regions

Geographic areas known for a predominant focus on agriculture and farming activities.