Ab denson company had been employing 6 workers and 8 tons, Ask an Expert

Economics

A.B. Denson Company had been employing 6 workers and 8 tons of raw materials, using 2,000 square feet of plant space. The firm increased its work force to 12 workers utilizing 16 tons of raw materials in a plant space increased to 4,000 square feet. Total number of units of output increased from 78 to 160. What kind of returns to scale is the firm experiencing? Defend your answer.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91673284

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