____ Occur When an X Percent Increase in Input Use

question 33

Multiple Choice

____ occur when an X percent increase in input use raises output by more than X percent, so that the more the firm produces, the lower its per-unit costs become.

• A)Economies of scope 
• B)Scale economies 
• C)Product differentiation 
• D)Perfect competition

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Definitions:

Subliminal Stimulation

The process of receiving messages or stimuli below the threshold of conscious awareness.

Masking Stimuli

Stimuli that interfere with the perception of other stimuli, often used in psychological experiments to test sensory detection and processing.

Sensory Adaptation

A method where sensory detectors decrease their sensitivity to unchanging stimuli over time, enabling organisms to concentrate on environmental changes.

Motivation

The reason or reasons one has for acting or behaving in a particular way.