When a Firm Doubles Its Inputs and Finds That Its

question 36

Multiple Choice

When a firm doubles its inputs and finds that its output has more than doubled, this is known as

• A)economies of scale.
• B)constant returns to scale.
• C)diseconomies of scale.
• D)a violation of the law of diminishing returns.

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Definitions:

Training Session

A period devoted to exercising, learning, or practicing a particular skill.

Muscular Strength

The maximum amount of force a muscle or group of muscles can exert in a single effort.

Muscular Endurance

The ability of a muscle or group of muscles to sustain repeated contractions or to continue applying force against a fixed object for an extended period of time.

Carrying

The act of holding and moving an object or load from one place to another.