When You Double All of the Inputs to Your Production

question 163

Multiple Choice

When you double all of the inputs to your production process,your total output is less than doubled.Your production appears to exhibit which of the following?

• A)decreasing returns to scale
• B)constant returns to scale.
• C)increasing returns to scale
• D)none of the above

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Definitions:

Repression

A defense mechanism where stressful thoughts or memories are unconsciously blocked from entering awareness.

Reaction Formation

A psychological defense mechanism where an individual behaves in a way that is directly opposite to their true feelings or impulses.

College Student

An individual enrolled in an institution of higher education to pursue a degree or certificate.

Phallic Stage

A stage in Freudian psychosexual development, occurring from roughly ages 3 to 6, where the libido's focus is on the genital area and themes of difference and identification are explored.