0. If all inputs are trebled and the resultant output is doubled, this is a case of

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter7: Production, Costs, And Industry Structure
Section: Chapter Questions
Problem 28RQ: What shape of a long-run average cost curve illustrates economies of scale, constant returns to...
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50. If all inputs are trebled and the
resultant output is doubled, this is
a case of
A. O Constant returns to scale
В.
Increasing returns to scale
С.
Diminishing returns to scale
D. O Negative returns to scale
Transcribed Image Text:50. If all inputs are trebled and the resultant output is doubled, this is a case of A. O Constant returns to scale В. Increasing returns to scale С. Diminishing returns to scale D. O Negative returns to scale
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