__________ Scale Exist When Inputs Are Increased by Some Percentage

question 84

Multiple Choice

__________ scale exist when inputs are increased by some percentage and output increases by a smaller percentage, whereas __________ scale exist when inputs are increased by some percentage and output increases by the same percentage.

• A)Economies of; diseconomies of
• B)Constant returns to; economies of
• C)Diseconomies of; constant returns to
• D)Diseconomies of; economies of

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Definitions:

Irish system

A reference to various aspects of Ireland’s policies or practices in a specific context, requiring clarification for a precise definition.

Labor relations

The management of relationships between employers and employees, including negotiations over wages, working conditions, and other aspects of work and employment.

U.S. model

A term that refers to the United States' unique blend of market-driven economics and its specific regulatory, labor, and consumer practices which influence global business norms.

Labor relations

The field that studies and manages the relationships between employers and their employees, particularly when employees are represented by a union.