If Inputs Are Increased by 10 Percent and Output Increases

question 229

Multiple Choice

If inputs are increased by 10 percent and output increases by 10 percent,then __________ are said to exist.

• A) economies of scale
• B) constant returns to scale
• C) diseconomies of scale
• D) diminishing marginal returns

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Definitions:

Sleeping and Waking

Natural, recurring states of rest for the body and mind, with sleep involving reduced consciousness and sensory activity, and waking being the return to full consciousness and sensory engagement.

Personal Awareness

The conscious understanding and perception of one's own character, feelings, motives, and desires.

External Stimuli

External factors or conditions that can influence the behavior or responses of an organism or system.

Consciousness

The awareness of one's own existence, sensations, thoughts, surroundings, and the environment, reflecting the level of mental alertness and cognitive activity.