If the production technology in a Robinson Crusoe economy has increasing returns to scale, there is no production/consumption plan that is efficient.
Answer the following statement true (T) or false (F)
False
Rationale:
There is still an efficient point -- example below. It is just no longer possible to implement this as a competitive equilibrium. 
Economics
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The above figure shows the Lorenz curves for four different countries. In which country is income most equally distributed?
A) country A B) country B C) country C D) country D
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When economists study the behavior of buyers, they are studying:
A) supply. B) the role of government. C) demand. D) psychology.
Economics