-The Above Figure Shows the Isoquants for Producing Steel

question 14

Multiple Choice

-The above figure shows the isoquants for producing steel.When producing between 10,000 and 20,000 tons there are

• A) increasing returns to scale.
• B) decreasing returns to scale.
• C) constant returns to scale.
• D) economies of scale.

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Definitions:

Recurrent Nightmares

Repeatedly experiencing intensely frightening dreams that disturb sleep and can have a significant impact on daytime functioning.

Essential Oils

Concentrated plant extracts that retain the natural smell and flavor, or "essence," of their source, used in aromatherapy and various traditional medicines.

Insomnia

Inability to obtain a sufficient quality or quantity of sleep.