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If You Were Thinking About a Washing Machine as a System

question 121

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If you were thinking about a washing machine as a system, which of the following represents the process?


Definitions:

Returns To Scale

The change in output resulting from a proportional change in all inputs in the production process; can be increasing, constant, or decreasing.

Increasing Returns To Scale

See Economies of scale.

Economies Of Scale

Exist when average costs fall as output increases.

Diseconomies Of Scale

Exist when average costs rise with output.

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