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:

Young Adults

Individuals who fall within the age range of late adolescence to early adulthood, typically between the ages of 18 to 25, experiencing significant life transitions such as starting university or entering the workforce.

Hormonal Differences

Variations in the types, quantities, and effects of hormones in the body, influencing a wide range of physiological responses and behaviors.

Behavior

The actions or reactions of an organism or individual, often in relation to the environment or context.

Sociodramatic Play

A type of play where children take on roles and act out scenes or stories, helping them develop social skills, empathy, and understanding of different perspectives.