If a Firm Triples All of Its Inputs and Its

question 141

Multiple Choice

If a firm triples all of its inputs and its output doubles, it is said to be experiencing

• A)diminishing marginal returns
• B)increasing marginal returns
• C)diseconomies of scale
• D)economies of scale
• E)constant average costs

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Definitions:

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The harmful effect that occurs when a toxic substance is ingested, inhaled, or comes into contact with the skin or eyes.

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A psychological state identified by significant shifts in emotion, involving periods of high energy and elation (mania or hypomania) and phases of deep sadness (depression).