Returns to Scale Refers to the Change in Output When

question 108

Multiple Choice

Returns to scale refers to the change in output when

• A) all inputs increase proportionately.
• B) labor increases holding all other inputs fixed.
• C) capital equipment is doubled.
• D) specialization improves.

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The Food and Drug Administration is a federal agency of the United States Department of Health and Human Services, responsible for protecting public health by ensuring the safety, efficacy, and security of human and veterinary drugs, biological products, and medical devices; and by ensuring the safety of the nation's food supply, cosmetics, and products that emit radiation.

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The process of making products on a large scale using machinery.

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Physicians' Desk Reference

A comprehensive book containing information about prescription drugs, designed for health professionals to aid in prescribing medications.