This topic contains a solution. Click here to go to the answer

Author Question: A constant returns to scale production function means that if all inputs are halved then output will ... (Read 65 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dellikani2015

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

C

Answer to Question 2

False




mrsjacobs44

  • Member
  • Posts: 500
Reply 2 on: Jun 30, 2018
Excellent


mochi09

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

For a complete list of videos, visit our video library