If the Number of Workers in an Economy Doubled, All

question 55

Multiple Choice

If the number of workers in an economy doubled, all other inputs stayed the same, and there were constant returns to scale, what would happen to productivity?

• A) It would fall to half its former value.
• B) It would fall, but by less than half.
• C) It would stay the same.
• D) It would rise, but by less than double.

---

Definitions:

Arithmetic Sequence

A sequence of numbers in which each term after the first is found by adding a constant difference to the preceding element.

Nth Partial Sum

The sum of the first 'n' terms in a sequence, used in series calculations.

Geometric Sequence

A sequence in which each number following the first is generated by multiplying the former number by a fixed, nonzero factor, this factor is identified as the common ratio.

Partial Sum

The sum of a portion of a sequence of terms, or a method of summing certain numbers by grouping.