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17 February, 03:46

Use the following statements to answer this question:

I. We cannot measure the returns to scale for a fixed-proportion production function.

II. Production functions with inputs that are perfect substitutes always exhibit constant

returns to scale.

A) I and II are true.

B) I is true and II is false.

C) II is true and I is false.

D) I and II are false.

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Answers (1)
  1. 17 February, 03:57
    0
    I believe the answer would be D. I think
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