If, When a Firm Doubles All Its Inputs, Its Average

question 42

Multiple Choice

If, when a firm doubles all its inputs, its average cost of production increases, then production displays

• A)diminishing returns.
• B)economies of scale.
• C)diseconomies of scale.
• D)declining fixed costs.

---

Definitions:

Custom Muffins

Tailor-made or specially designed muffins that cater to the specific tastes, dietary requirements, or preferences of an individual or group.

Operations Execution

The strategic implementation of procedures and tasks necessary for the successful production of goods or services.

Worker Dissatisfaction

A condition where employees feel unhappy, unfulfilled, or frustrated with their work environment or job roles.

Profits

The profit made when the income generated from business operations is greater than the expenses, costs, and taxes required to maintain the operations.