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Author Question: Decreasing returns to scale may occur as increasing the amount of inputs used A) increases ... (Read 79 times)

maychende

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on: Jul 1, 2018
Decreasing returns to scale may occur as increasing the amount of inputs used
 
  A) increases specialization.
  B) always increases the amount of output produced.
  C) may cause coordination difficulties.
  D) increases efficiency.

Question 2

Returns to scale refers to the change in output when
 
  A) all inputs increase proportionately.
  B) labor increases holding all other inputs fixed.
  C) capital equipment is doubled.
  D) specialization improves.
Microeconomics ¦ Perloff ¦ 8th Edition
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mathjasmine

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

C

Answer to Question 2

A


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