Flashcard sets with a 'constant returns to scale' term meaning 'occurs when doubling inputs exactly doubles outputs. average cost curve is horizontal.'

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1-1 of 1Flashcard sets with a 'constant returns to scale' term meaning 'occurs when doubling inputs exactly doubles outputs. average cost curve is horizontal.'
# Title Terms Date
1Microeconomics Midterm IIby andybot200034 termsMarch 12, 2009
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