Ask Question
16 April, 05:55

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.

+4
Answers (1)
  1. 16 April, 06:03
    0
    I believe the answer would be D. I think
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Use the following statements to answer this question: I. We cannot measure the returns to scale for a fixed-proportion production function. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers