Solved: Why the production function for the entire ug firm exhibits, Microeconomics

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Why the production function for the entire ug firm exhibits

Problem

Universal Gizmo (UG) operates a large number of plants that produce gizmos using a special technology. Each plant produces exactly 100 gizmos per day using 5 gizmo presses and 15 workers. Explain why the production function for the entire UG firm exhibits constant returns to scale.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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