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The Fact That We Can Make Judgments and Evaluations About

question 91

Multiple Choice

The fact that we can make judgments and evaluations about different aspects of the world in either a controlled,reflective way or an automatic way suggests ________.


Definitions:

Returns To Scale

The change in output resulting from a proportional change in all inputs in the production process; can be increasing, constant, or decreasing.

Increasing Returns To Scale

See Economies of scale.

Economies Of Scale

Exist when average costs fall as output increases.

Diseconomies Of Scale

Exist when average costs rise with output.

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