Which of the following is a main source of increasing returns in recent years?
A) more learning by doing
B) the concentration of development costs
C) the use of less specialized inputs as ﬁrms grow
D) more resources devoted to agricultural production

Question

Quizplus · Accepted Answer

More learning by doing has been a main source of increasing returns in recent years as technological advancements and globalization have increased the importance of developing new skills and knowledge. As firms gain experience and expertise in certain areas, they become more efficient and productive, leading to further growth and development.

Which of the Following Is a Main Source of Increasing