As a result of two times increase in all inputs, the output increases by two times
then this is called
(A)
constant returns to scale
(B)
decreasing returns to scale
(C)
increasing returns to scale
(D)
none of these
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Explanation:
As a result of two times increase in all inputs, the output increases by two times
then this is called
(A)
constant returns to scale
(B)
decreasing returns to scale
(C)
increasing returns to scale
(D)
none of these✅✅✅✅
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