If output increases by 20 percent when one of two inputs increases by 20 percent, are there

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If output increases by 20 percent when one of two inputs increases by 20 percent, are there constant returns to scale? Why or why not?

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Macroeconomics

ISBN: 978-0077307110

8th edition

Authors: David Colander

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Question Posted: Feb 12, 2016 04:56 AM

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If output increases by 20 percent when one of two inputs increases by 20 percent, are there

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Hence for final analysis we can say that cons...View the full answer

Macroeconomics

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