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The Main Properties of a Neoclassical Aggregate Production Function Are

Question 55

Multiple Choice

The main properties of a Neoclassical aggregate production function are and .


A) decreasing returns to scale; diminishing marginal returns
B) increasing returns to scale; diminishing marginal returns
C) constant returns to scale; diminishing marginal returns
D) increasing returns to scale; increasing marginal returns
E) constant returns to scale; constant marginal returns

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