When isoquants get progressively closer together there is a. increasing returns to scale b. ...

Author Question: When isoquants get progressively closer together there is a. increasing returns to scale b. ... (Read 40 times)

Haya94

Hero Member
Posts: 558

on: Jul 1, 2018

When isoquants get progressively closer together there is
a. increasing returns to scale
b. decreasing returns to scale
c. constant returns to scale

Question 2

When isoquants get progressively further apart there is
a. increasing returns to scale
b. decreasing returns to scale
c. constant returns to scale

dpost18

Sr. Member
Posts: 345

Reply #1 on: Jul 1, 2018

Answer to Question 1

a

Answer to Question 2

b

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