When a One-Unit Increase in Input Increases Output More Than

question 70

Multiple Choice

When a one-unit increase in input increases output more than the previous unit of input, we say that there are

• A)increasing returns.
• B)increasing costs.
• C)diseconomies of scale.
• D)decreasing returns.
• E)constant returns to scale.

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Definitions:

Lymph Vessels

The network of thin tubes that transport lymph fluid throughout the body, playing a crucial role in the immune system.

Dermis

The layer of skin beneath the epidermis, containing nerve endings, sweat glands, and blood vessels.

Melanin

A natural pigment found in most organisms, responsible for the color of skin, hair, and eyes, and protection against UV radiation.

Albinism

A genetic condition marked by the absence of melanin pigment in the skin, hair, and eyes, leading to light pigmentation and vision problems.