Constant Returns to Scale (CRS)implies That When the Firm ________

question 33

Multiple Choice

Constant returns to scale (CRS) implies that when the firm ________.

• A)doubles all inputs,output more than doubles
• B)doubles all inputs,output doubles
• C)doubles all inputs,output increases by less than 100 percent
• D)doubles all inputs,output remains constant
• E)none of the above

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Definitions:

Intermediate Expression

It refers to the expression of a phenotype that is between two extremes, typically resulting from incomplete dominance in genetics.

Gastrulation

During the early stages of embryonic evolution in a wide range of animals, the simple, single-layered structure called a blastula rearranges itself into a complex, multilayered formation known as the gastrula.

Embryonic Disk

A key structure in early embryonic development, from which the embryo begins to form and differentiate into various tissues and organ systems.

Germ Layers

The three primary layers of cells (endoderm, mesoderm, and ectoderm) in an embryo from which all tissues and organs develop.