If the production function of a country has constant returns to scale and all input of the country has increased by 100 per cent, then its output would increase by:
A) 200 per cent
B) 100 per cent
C) 1 per cent
D) 0 per cent

Question

Quizplus · Accepted Answer

The Answer of If the production function of a country has constant returns to scale and all input of the country has increased by 100 per cent, then its output would increase by:
A) 200 per cent
B) 100 per cent
C) 1 per cent
D) 0 per cent

If the Production Function of a Country Has Constant Returns