Business, 03.07.2020 04:01 lunaandrew332
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.
Answers: 1
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