Constant Returns to Scale Are Illustrated by

question 82

Multiple Choice

Constant returns to scale are illustrated by

• A) a downward sloping long-run average cost curve.
• B) a horizontal long-run average cost curve.
• C) an upward sloping long-run average cost curve.
• D) a long-run average cost curve that is shaped like an upside down U.

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Definitions:

Equilibrium Potential

The membrane potential at which the flow of a particular type of ion inward (due to the electrical gradient) equals the flow of that ion outward (because of the concentration gradient).

Permeable

A characteristic of materials that allow liquids or gases to pass through them, often used in the context of biological membranes.

Being Co-opted

This process involves incorporating individuals or elements from outside groups into a project or organization with the intent of minimizing opposition or gaining external support.

Matrix Boss

A manager in a matrix organization who shares responsibility for overseeing the work of an employee with another manager.