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Question
A decade ago, Nino decided to open a used car lot. This car lot required her to hire some sales agents and buy some computers to track the sales of the vehicles. After a few years, Nino opened up a second location and hired more sales agents and purchased more computers. When this expansion occurred, which of the following statements is FALSE?
a. More inputs were used.
b. Total possible output increased.
c. The production function changed.
d. Fewer inputs and outputs were used.
e. The business became inefficient during the expansion.
Answer
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