____ Occur When an X Percent Increase in Input Use

question 33

Multiple Choice

____ occur when an X percent increase in input use raises output by more than X percent, so that the more the firm produces, the lower its per-unit costs become.

• A)Economies of scope 
• B)Scale economies 
• C)Product differentiation 
• D)Perfect competition

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Definitions:

Fetus

A developing human from roughly eight weeks after conception until birth.

Cystometry

A diagnostic procedure used to assess bladder capacity and function by measuring the pressure in the bladder and the flow of urine.

Urinary Bladder

An organ that stores urine produced by the kidneys before it is eliminated through urination.

Capacity

In a medical context, refers to an individual's ability to make informed decisions regarding their own health and welfare.