If Doubling the Quantity of Inputs More Than Doubles the Quantity

question 57

Multiple Choice

If doubling the quantity of inputs more than doubles the quantity of outputs, the firm is experiencing

• A) increasing returns to scale.
• B) decreasing returns to scale.
• C) constant returns to scale.
• D) increasing costs per unit of output.

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Definitions:

Prefix

A word, letter, or number placed before another indicating a relation to or modification of the original term's meaning.

Antitussive

relating to or denoting drugs used to prevent or relieve coughing.

Antiseptic

A substance that inhibits the growth of microorganisms on living tissue or surfaces, often used to prevent infection in wounds.

Anesthesia

The administration of drugs or other agents to eliminate sensation, typically to allow medical procedures or surgery without pain.