Q1464
If all inputs are increased in the same proportion, than it is the case of 1. short-run production function 2. long-run production function 3. laws of variable proportion 4. laws of returns to scale Select the correct answer
A.
Both 1 and 2
B.
Both 2 and 3
C.
Both 1 and 4
D.
Both 2 and 4
AnswerAnswer: Option D
Solution
Answer: Option D
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