If a firm is experiencing increasing returns to scale, then a doubling of output will require more than a doubling of all inputs.

Name: If a firm is experiencing increasing returns to scale, then a doubling of output will require more than a doubling of all inputs.
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Quizplus · Accepted Answer

Increasing returns to scale mean that if all inputs are doubled, output more than doubles, indicating higher efficiency with larger scale production.

If a Firm Is Experiencing Increasing Returns to Scale, Then