Solve the Equation and Check Your Solution

question 31

Multiple Choice

Solve the equation and check your solution.
-

• A) x = -10
• B) x = 30
• C) x = 10
• D) No solution

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Definitions:

Constant Returns To Scale

The property whereby long-run average total cost stays the same as the quantity of output changes.

Inputs

Factors including workforce, materials, and funds employed in the process of creating products or offering services.

Production

The process of combining various material inputs and immaterial inputs (plans, know-how) to make something for consumption.

Constant Returns To Scale

A situation in production where increasing the amount of inputs results in a proportionate increase in the output.