[Answered] A constant returns to scale production function means that if all inputs are halved then output will ...

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Author Question: A constant returns to scale production function means that if all inputs are halved then output will ... (Read 64 times)

mrsjacobs44

Hero Member
Posts: 500

on: Jun 30, 2018

A constant returns to scale production function means that if all inputs are halved then output will

a. double.
b. increase, but not double.
c. fall by half.
d. fall, but not by half.
e. none of the above.

Question 2

During the Great Depression, the U.S. was not firmly tied to the world economy.

Indicate whether the statement is true or false

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Marked as best answer by a Subject Expert

dellikani2015

Sr. Member
Posts: 332

Reply #1 on: Jun 30, 2018

Answer to Question 1

C

Answer to Question 2

False

mrsjacobs44

Member
Posts: 500

Reply 2 on: Jun 30, 2018

TYSM

kthug

Member
Posts: 332

Reply 3 on: Yesterday

Excellent

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