Examlex
Based on interviews in a Virginia prison from 1986 to 1999 with more than 100 imprisoned "street criminals" most of whom were murderers, which of the following aggravating factors should be eliminated to narrow death eligibility?
Minimum Efficient Scale
The smallest level of production at which a firm can achieve the lowest long-run average total costs.
Constant Returns to Scale
A situation in which the proportionate increase in inputs leads to an equal proportionate increase in outputs, meaning costs and outputs scale equally as production expands.
Diseconomies of Scale
A situation where a business's cost per unit increases as it produces more items, due to inefficiencies that arise with scaling up production.
Plant Size
Refers to the physical capacity or output level of a manufacturing or production facility.
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