If a Firm Increases Its Inputs by 80% and Its

question 13

Multiple Choice

If a firm increases its inputs by 80% and its output increases by 60%, then this would be an example of

• A) economies of scale.
• B) increasing marginal returns.
• C) diseconomies of scope.
• D) diseconomies of scale.

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Definitions:

Females

Referring to the sex that typically has the ability to produce eggs (ova) and bear offspring.

Romantically Involved

Being engaged in a love relationship with another person.

Supervisor

A person with authority to oversee or direct work or workers and to enforce rules or standards.

Men

Adult human males, often explored in studies focusing on biological, social, or psychological differences and similarities compared to women.