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:

Standard Deck

Refers to a complete set of playing cards typically consisting of 52 cards, divided into four suits: hearts, diamonds, clubs, and spades.

Probability

An event's occurrence probability measured by a number ranging from 0 to 1.

Heart

A muscular organ in most animals, which pumps blood through the blood vessels of the circulatory system.

Black

A color which is the result of the absence or complete absorption of visible light.