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  3. Study Set
    Managerial Economics and Strategy
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    Exam 5: Production
  5. Question
    If a Firms Cuts Inputs in Half, and Output Falls
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If a Firms Cuts Inputs in Half, and Output Falls

Question 90

Question 90

Multiple Choice

If a firms cuts inputs in half, and output falls by more than half, then there are


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

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