When an Increase in the Scale of Production Leads to Higher

question 112

Multiple Choice

When an increase in the scale of production leads to higher average costs, the industry exhibits

• A) diminishing returns.
• B) increasing returns to scale.
• C) decreasing returns to scale.
• D) constant returns to scale.

---

Definitions:

Greensboro Sit-in

A pivotal event in the Civil Rights Movement where four African American college students sat at a segregated Woolworth's lunch counter in Greensboro, North Carolina, in 1960, demanding service.

Racial Segregation

The enforced separation of different racial groups within a community, institution, or country, historically sanctioned by law in some societies, notably in the United States pre-Civil Rights Movement.

Roman Catholic

Relating to the Christian denomination that is centered around the Pope in the Vatican and is characterized by its liturgical traditions and teachings.

Anti-Castro Projects

Initiatives, often covert, undertaken by the United States government or other organizations to undermine or overthrow the government of Fidel Castro in Cuba.