Question: 17. If increasing every input by 5 percent raises output by 20 percent, then the production function: Exhibits increasing returns to scale. Exhibits decreasing returns

17. If increasing every input by 5 percent raises output by

20 percent, then the production function: Exhibits increasing returns to scale. Exhibits

17. If increasing every input by 5 percent raises output by 20 percent, then the production function: Exhibits increasing returns to scale. Exhibits decreasing returns to scale. Exhibits constant returns to scale. Exhibits technological improvement. 9-!\" Fr?\

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