You Bake Cookies

question 34

Multiple Choice

You bake cookies.One day you double the time you spend,double the number of chocolate chips,flour,eggs,and all your other inputs,and bake twice as many cookies.Your cookie production function has

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

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Definitions:

Citric Acid Cycle

A key metabolic pathway that takes place in the mitochondria, involving the oxidation of acetyl-CoA to carbon dioxide and ATP production, also known as the Krebs cycle.

Glucose

A basic form of sugar that serves as a crucial energy source for living beings and is a constituent of numerous carbohydrates.

The Citric Acid Cycle

A series of chemical reactions used by all aerobic organisms to release stored energy through the oxidation of acetyl-CoA derived from carbohydrates, fats, and proteins into carbon dioxide and chemical energy in the form of adenosine triphosphate (ATP).

Fatty Acids

Organic compounds that are the building blocks of fats in the human body and are used for energy storage and cell structure.