If We Increase All of Our Inputs on the Farm

question 1

Multiple Choice

If we increase all of our inputs on the farm and we get a proportional increase in output, this is an example of which of the following:

• A)Increasing returns to scale.
• B)Constant returns to scale.
• C)Decreasing returns to scale.
• D)Normal returns to scale.
• E)none of the above.

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Definitions:

Sediment

Particulate matter that accumulates in layers on the Earth's surface, deposited by water, wind, ice, or biological activity.

Esker

A long, winding ridge of stratified sand and gravel, deposited by meltwater from a retreating glacier or ice sheet.

Sediment

Particles of rock, minerals, or organic materials that have been transported and deposited by wind, water, or ice.

Arête

A narrow ridge of rock which is typically formed by the erosion of two glaciers from opposite sides.