The table sets out the inputs of the two factors of production, capital and labour, required to generate different output levels. For which output range do decreasing returns to scale take place?
- A100 to 200
- B200 to 300
- C300 to 400
- D400 to 500
Economics 9708 · AS & A Level · Factors of production
The table sets out the inputs of the two factors of production, capital and labour, required to generate different output levels. For which output range do decreasing returns to scale take place?