Refer to the Table Below

question 3

Multiple Choice

Refer to the table below. In this instance, expansion of output

• A) causes input prices to rise as demand for inputs increases.
• B) leaves input prices constant as demand for inputs increases.
• C) causes diseconomies of scale to occur.
• D) occurs because of increasing returns to scale.

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Definitions:

Superiors

Superiors refer to individuals or authorities higher in rank or position within an organization, often responsible for overseeing and managing subordinates.

Good Performance

Refers to achieving or exceeding the set standards of tasks, duties, or goals efficiently and effectively.

Rewarded

Given a form of compensation or prize for one's effort, achievement, or behavior, serving as recognition and reinforcement.

Performance

A measure of how effectively a task or duty is executed within a given timeframe.