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Author Question: When isoquants get progressively closer together there is a. increasing returns to scale b. ... (Read 67 times)

Haya94

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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

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

b


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