If a Firm Doubles Inputs and Produces Three Times the Output

question 71

Multiple Choice

If a firm doubles inputs and produces three times the output, then there are

• A)constant returns to scale.
• B)increasing marginal returns.
• C)decreasing returns to scale.
• D)increasing returns to scale.

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Definitions:

Olfactory Bulb

A structure in the forebrain involved in olfaction, or the sense of smell, where odor information from the nose is processed and sent to the brain.

Concentration

Amount of solute per unit volume of a solution.

Cones

Photosensitive cells located in the retina of the eye, responsible for color vision and the ability to perceive fine details.

Fovea

The fovea is a small depression in the retina of the eye where visual acuity is highest. It is densely packed with cones and is crucial for detailed vision.