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

question 76

Multiple Choice

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

• A)not change.
• B)increase but not double.
• C)double.
• D)more than double.

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E-commerce

E-commerce refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions.

Retail Sales

The selling of goods and services directly to consumers for personal use.

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Financial activities involving exchanges of value between two parties, often recorded and tracked in accounting systems.

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The written documents or records, especially those associated with transactions, processes, or administration.