If a Production Function Has Constant Returns to Scale, Then

question 24

True/False

If a production function has constant returns to scale, then if all inputs double so does production.

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Definitions:

Accrued Interest

Interest that has been earned but not yet paid.

Semiannually

Occurring twice a year, typically used in the context of payments, interest calculations, or reports.

Semiannually

Occurring twice a year or every six months.

Accrued Interest

The interest that has accumulated on a bond or other fixed-income security since the last interest payment was made.