Assume a Firm Is Using 10 Units of Labour and 10

question 60

Multiple Choice

Assume a firm is using 10 units of labour and 10 units of capital and is producing 10 units of output per hour.Now both inputs are doubled,resulting in output rising to 18 units per hour.The firm is experiencing

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

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Definitions:

Ependymal Cells

Glial cells lining the ventricles in the brain and the central canal of the spinal column, involved in producing cerebrospinal fluid.

Neuroglial Cell

Non-neuronal cell in the nervous system that supports, protects, and nourishes neurons; also known as glial cell.

Cuboidal Shape

Describes cells that are roughly cube-shaped, with a width approximately equal to their height.

Neuron

A neuron is a nerve cell that is the fundamental unit of the nervous system, responsible for transmitting information through electrical and chemical signals.