If Output Is Increased in the Long Run, Then in the Presence

question 30

Multiple Choice

If output is increased in the long run, then in the presence of internal economies of scale the number of firms will ________, and in the presence of constant external returns to scale the number of firms will ________.

• A) decrease; decrease
• B) increase; remain constant
• C) remain constant; increase
• D) decrease; remain constant
• E) increase; decrease

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Definitions:

Asthma Attack

A sudden worsening of asthma symptoms due to the tightening of muscles around the airways (bronchospasm).

Wheezing

A high-pitched whistling sound made while breathing, often associated with difficulty in breathing and a symptom of respiratory conditions.

Focus Charting

A documentation method used in nursing that revolves around the patient's concerns, measures taken, and the outcomes.

Charting By Exception

A documentation system in which only significant findings or exceptions to norms are recorded.