A firm experiencing constant returns to scale finds that

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    a fifty-percent increase in production inputs results in a doubling of total output.
     a doubling of production inputs results in a doubling of total output.
     a doubling of production inputs results in output more than doubling.
     Both 1 and 3.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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a doubling of production inputs results in a doubling of total output.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)



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