If Your Firm's Production Function Has Constant Returns to Scale,then

question 13

Multiple Choice

If your firm's production function has constant returns to scale,then if you double all your inputs,your firm's output will

• A)double and productivity will rise.
• B)double but productivity will not change.
• C)more than double and productivity will rise.
• D)more then double but productivity will not change.

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Definitions:

Gray Matter

Gray matter and is a component of the brain and spinal cord, consisting of neuronal cell bodies, dendrites, and unmyelinated axons, playing a crucial role in processing information.

Refractory Period

The time after an action potential during which a neuron’s cell membrane is unprepared for the next action potential.

Action Potential

A brief electrical impulse that travels down a neuron, triggering the release of neurotransmitters.

Neurotransmitter Communication

The process by which neurotransmitters are released by a neuron, cross the synaptic gap, and bind to receptors on another neuron, facilitating the transmission of signals in the nervous system.