Flashcard sets with a 'constant returns to scale' term meaning 'if the use of all inputs increases by k per cent, output also increases by k per cent. long-run average cost is constant with respect to changes in output.'

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1-1 of 1Flashcard sets with a 'constant returns to scale' term meaning 'if the use of all inputs increases by k per cent, output also increases by k per cent. long-run average cost is constant with respect to changes in output.'
# Title Terms Date
1Chapter 8 SALI SANA ANG MGA CHP 8 DINby Ynnah4 termsSeptember 13, 2007
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