With the production function , if we double ________, we have an increasing returns production.
A) capital
B) capital and the stock of ideas
C) capital and labor
D) capital, labor, and the stock of ideas
E) labor and the stock of ideas
Correct Answer:
Verified
Q2: According the text, there are approximately
Q4: Which of the following is a nonrival
Q5: In economics, a nonrival good is one
Q6: If Y is a good's output,
Q6: Increasing returns to scale is characterized by:
A)
Q7: To get increasing returns to scale
Q8: The production function
Q10: Which of the following is an example
Q13: In perfect competition, the price is _;
Q14: Which of the following is a nonrival
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