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:

Cairo

The capital city of Egypt, known for its ancient monuments, including the Pyramids of Giza and the Sphinx, as well as its rich cultural heritage.

Rudyard Kipling

An English journalist, short-story writer, poet, and novelist, famous for his works like "The Jungle Book" and "If—".

"The White Man's Burden"

A poem by Rudyard Kipling, which encouraged Western powers to colonize and rule over non-Western societies, believed to be for the latter's benefit but criticized for promoting imperialism.

Imperialism

The policy, practice, or advocacy of extending the power and dominion of a nation especially by direct territorial acquisitions or by gaining indirect control over the political or economic life of other areas.