In the Long Run, Decreasing Returns to Scale Are Likely

question 68

Multiple Choice

In the long run, decreasing returns to scale are likely to be caused by

• A) decreasing costs.
• B) diminishing returns to the variable factor.
• C) management diseconomies.
• D) increasing specialization.
• E) a decrease in factor prices.

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Definitions:

DSM

An acronym for the Diagnostic and Statistical Manual of Mental Disorders, a critical framework for the classification of mental health conditions.

Subtypes

Variants or specific kinds within a larger category, often used to classify nuanced differences in disorders, diseases, or phenomena.

Premenstrual Dysphoric Disorder

A set of symptoms occurring immediately prior to onset of menses characterized by a mixture of depression, anxiety and tension, and irritability and anger; may occur in mood swings during the week before onset of menses and subside once menses has begun.

Depressive Disorders

A set of disorders characterized by depressed mood and/or anhedonia (and not mania).