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

question 46

Multiple Choice

If your firm's production function has constant returns to scale and you increase all your inputs by 60%,then your firm's output will

• A)not change.
• B)increase,but by less than 60%
• C)increase by 60%
• D)increase by more than 60%.

Understand different components and sections of a lesson plan.

Identify activities that are considered training delivery activities.

Evaluate the considerations for conducting training off-site.

Define key terms related to training programs and how they are structured.

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Definitions:

Defense Mechanism

A means used by the ego to defend against anxiety and to maintain self-esteem.

Metaphor

A figure of speech in which a word or phrase is applied to an object or action to which it is not literally applicable, suggesting a similarity.

Devil

A supernatural entity, often regarded as the chief antagonist of good in various religions and mythologies.

Id

The part of the mind in psychoanalytic theory responsible for instinctual impulses and demands for immediate satisfaction.