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    Managerial Economics and Strategy Study Set 2
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    Exam 5: Production
  5. Question
    If a Firm Triples Inputs and Produces Three Times the Output
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If a Firm Triples Inputs and Produces Three Times the Output

Question 94

Question 94

Multiple Choice

If a firm triples inputs and produces three times the output, then there are


A) constant returns to scale.
B) varying returns to scale.
C) decreasing returns to scale.
D) increasing returns to scale.

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