-The Table in the Above Figure Shows the Levels of Output

question 3

Multiple Choice

-The table in the above figure shows the levels of output resulting from different levels of inputs.Returns to scale are greatest at which level of output?

• A) 100-200 units
• B) 200-400 units
• C) 400-600 units
• D) There is insufficient information to answer the question.

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Definitions:

Semantics

The study of meaning in language, including the analysis of the meanings of words, phrases, signs, and symbols within contexts.

Added Value

The enhancement a company gives its product or service before offering it to customers, increasing its worth.

Job Satisfaction

The level of contentment employees feel about their work, which can affect their productivity and overall well-being.