If All Inputs Are Doubled and So Is the Resulting

question 12

Multiple Choice

If all inputs are doubled and so is the resulting output, the technology features

• A) increasing returns to scale
• B) decreasing returns to scale
• C) constant returns to scale

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Definitions:

Stability

The quality or state of being resistant to change, maintaining the same condition, or returning to a baseline state after being disturbed.

Infancy

Refers to the earliest stage in human life, spanning from birth to the age of two, characterized by rapid physical and cognitive development.

Adulthood

A life stage characterized by reaching physical, cognitive, and social maturity, and assuming adult roles and responsibilities.

Attachment Style

Patterns of expectations, needs, and emotions one displays towards significant others, shaped by early relationships with caregivers.