-Refer to the Diagram Above

question 97

Multiple Choice

-Refer to the diagram above.The firm is experiencing constant returns to scale when output is

• A) less than 18 units.
• B) between 18 and 21 units.
• C) greater than 21 units.
• D) greater than 18 units.
• E) less than 21 units.

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Definitions:

Internal-External

A dimension in locus of control referring to the degree to which individuals believe they have control over events affecting them (internal) vs. believing external forces are responsible.

External Person

An individual viewed or considered from an external outlook, often in contrast to one's own internal perspective.

Superstitious

Pertaining to or characterized by beliefs or practices resulting from ignorance, fear of the unknown, trust in magic or chance.

Internal

Originating from within an entity or system, rather than coming from external influences.