If Doubling the Quantity of Inputs More Than Doubles the Quantity

question 57

Multiple Choice

If doubling the quantity of inputs more than doubles the quantity of outputs, the firm is experiencing

• A) increasing returns to scale.
• B) decreasing returns to scale.
• C) constant returns to scale.
• D) increasing costs per unit of output.

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Definitions:

Dizygotic Twins

Also known as fraternal twins, these are siblings that are born at the same time but have developed from two different eggs fertilized by two different sperm.

Environmental Shared

The portion of the environment that is experienced identically by individuals, often used in contrast to "non-shared environment" in studies of heritability.

Monozygotic Twins

Identical twins originating from the division of a single fertilized egg, sharing all of their genetic material.

Dizygotic Twins

Also known as fraternal twins, they develop from two separate eggs fertilized by two different sperm cells, leading to siblings with genetic similarities but not identical genomes.