Constant Returns to Scale (CRS)implies That ________

question 41

Multiple Choice

Constant returns to scale (CRS) implies that ________.

• A)increasing all the factor inputs by the same percentage lead to the same percentage increase in output
• B)increasing all the factor inputs by the same percentage lead to a higher percentage increase in output
• C)increasing all the factor inputs by the same percentage lead to a lower percentage increase in output
• D)increasing all the factor inputs by the same percentage leaves output unchanged
• E)none of the above

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Definitions:

Theory of Emotion

The theory of emotion refers to various theories that attempt to explain the biochemical and neurological processes and the psychological experience associated with feelings and emotions.

Two-factor Theory

A concept in psychology proposed by Schachter and Singer, suggesting that emotion arises from physiological arousal followed by a cognitive interpretation of that arousal.

Attracted

Feeling drawn or held towards something or someone, typically due to qualities found appealing.

Drug

Any substance that causes a change in an organism's physiology or psychology when consumed, often used in the context of medication or recreational substances.