The table gives the inputs of the two factors of production, capital and labour, required to produce different levels of output. Over which output range do increasing returns to scale occur?
- A100 to 200
- B200 to 300
- C300 to 400
- D400 to 500
Economics 9708 · AS & A Level · 7.7
The table gives the inputs of the two factors of production, capital and labour, required to produce different levels of output. Over which output range do increasing returns to scale occur?