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Consider the following combinations of inputs and outputs:This production technology satisfies:a)Increasing returns to scaleb)Diminishing returns to scalec)Constant returns to scaled)Increasing returns initially, following by decreasing returns to scale​Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Consider the following combinations of inputs and outputs:This production technology satisfies:a)Increasing returns to scaleb)Diminishing returns to scalec)Constant returns to scaled)Increasing returns initially, following by decreasing returns to scale​Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following combinations of inputs and outputs:This production technology satisfies:a)Increasing returns to scaleb)Diminishing returns to scalec)Constant returns to scaled)Increasing returns initially, following by decreasing returns to scale​Correct answer is option 'C'. Can you explain this answer?.

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