In a Market Economy, If You Double the Inputs for a New

question 42

Multiple Choice

In a market economy, if you double the inputs for a new branch of your textile company and produce double the output which term best describes your situation.

• A)constant cost.
• B)increasing cost diminishing returns.
• C)decreasing cost diminishing returns.
• D)both B and C.
• E)none of the above.

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Definitions:

Color Blindness

A vision impairment where an individual has difficulty distinguishing between certain colors, typically red and green or blue and yellow.

Distinguish

The ability or action of recognizing the difference between two or more things or individuals.

Wavelength

The distance between successive crests of a wave, typically used in the context of electromagnetic waves or sound waves.

Saturation Level

The maximum extent or degree to which something can be absorbed or saturated.