If a Firm Can Double Inputs And, Thereby, More Than

question 134

Multiple Choice

If a firm can double inputs and, thereby, more than double output over the range of output the market demands, it is said to be experiencing

• A)decreasing minimum efficient scale
• B)increasing returns to scale
• C)constant returns to scale
• D)decreasing returns to scale
• E)increasing long run average cost

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Definitions:

Sympathetic Nervous System

A part of the autonomic nervous system responsible for the body's 'fight or flight' response, increasing heart rate and blood flow to muscles during stressful situations.

Self-Efficacy

An individual's belief in their own capability to execute behaviors necessary to produce specific performance attainments.

Desired Changes

Refers to the positive modifications or alterations individuals seek to make in their personal or professional lives.

Coronary Behavior Pattern

Often associated with Type A behavior, it describes personality traits including aggressiveness, competitiveness, and a sense of urgency, which are thought to increase heart disease risk.