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Slopping or a horizontal straight line

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Say that we are using 100 units of labor and 100 units of capital to produce 2500 units of output and we double our labor and capital to 200 each and output to 5000, what kind of returns to scale do we have? Also will the LAC for the firm be upward slopping, downward slopping or a horizontal straight line?

Reference no: EM132518210

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