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Author Question: Assume a firm is using 6 units of capital and 6 units of labour to produce 6 baskets. Now it doubles ... (Read 48 times)

jenniferbaugh1984

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on: Oct 12, 2022
Assume a firm is using 6 units of capital and 6 units of labour to produce 6 baskets. Now it doubles both inputs resulting in a new total of 16 baskets being produced. This firm is experiencing
◦ constant returns to scale.
◦ decreasing returns to scale.
◦ diseconomies of scale.
◦ increasing costs.
◦ increasing returns to scale.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by jenniferbaugh1984 on Oct 12, 2022

fdsajkl

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jenniferbaugh1984

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

T4T

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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