If a Firm Triples Inputs and Produces Twice the Output

question 5

Multiple Choice

If a firm triples inputs and produces twice the output, then there are

• A)constant returns to scale.
• B)no returns to scale.
• C)decreasing returns to scale.
• D)increasing returns to scale.

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Definitions:

Reference Checks

The process of verifying the information provided by job applicants through their listed references.

Performance Quotients

Measures or ratings used to evaluate an employee's job performance against defined criteria or objectives.

Validity Factors

aspects that determine the accuracy and credibility of a test or research.

Predictors

Variables or indicators used to forecast or estimate future events or trends, often based on historical data or analysis.