If a Firm Doubles Its Usage of All Inputs and Output

question 42

Multiple Choice

If a firm doubles its usage of all inputs and output less than doubles,the production function is said to exhibit:

• A)increasing returns to scale.
• B)decreasing returns to scale.
• C)constant returns to scale.
• D)decreasing marginal returns to a fixed factor of production.

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Definitions:

Blood-Brain Barrier

A semipermeable barrier between the brain's blood vessels and the brain tissue that prevents certain substances from passing through.

Astrocytes

Star-shaped glial cells in the brain and spinal cord involved in biochemical support of endothelial cells and repair processes in the central nervous system.

Microglia

Glial cells that originate in the blood, aid in cell repair, and scavenge debris in the nervous system.

Astrocytes

Star-shaped glial cells in the brain and spinal cord that play a crucial role in supporting neurons, forming blood-brain barrier, and regulating neurotransmitters.