Explain how much change in the number of units sold

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if a production function does not have diminishing marginal returns to capital or labor, does that imply that it also has increasing returns to scale? briefly explain.

A company currently sells 60,000 units a month at $10 per unit. The variable cost per unit is $6. The company decided to raise the price about 10%. Explain how much change in the number of units sold can the company afford and still be no worse off?

Reference no: EM1348415

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