If Doubling the Quantity of Inputs More Than Doubles the Quantity

question 57

Multiple Choice

If doubling the quantity of inputs more than doubles the quantity of outputs, the firm is experiencing

• A) increasing returns to scale.
• B) decreasing returns to scale.
• C) constant returns to scale.
• D) increasing costs per unit of output.

---

Definitions:

Business Trip

A journey taken for work or corporate purposes, excluding daily commutes, involving travel outside the normal work area.

Transfer Of Title

The legal process of transferring property ownership from one party to another.

Personal Property

Personal property refers to movable assets or belongings that are not fixed to one location, such as furniture, vehicles, and electronic equipment, in contrast to real property.

Deed

A legal document that represents the ownership of real estate or property, which is transferred from one party to another.