Which of the Following Statements Is Correct If Constant Returns

question 8

Multiple Choice

Which of the following statements is correct if constant returns to scale are present?

• A)A doubling of inputs will lead to output more than doubling.
• B)A doubling of inputs will lead to output also doubling.
• C)A doubling of output will lead to inputs more than doubling.
• D)Output remains constant irrespective of inputs.

Recognize and apply strategies for effective goal-setting.

Identify and adapt to various learning styles and personality types.

Implement strategies for coping with anxiety and improving time management.

Appreciate the importance of a positive attitude in personal growth.

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Definitions:

Amazon Business

A business marketplace on Amazon providing business-to-business transactions and features like bulk pricing and business accounts.

Wholesalers

Businesses that buy goods in large quantities from manufacturers and then resell them in smaller quantities to retailers or other businesses.

Personalized Services

Customized offerings tailored to meet the individual preferences and needs of customers, often using data insights.

Profit Margins

The difference between the selling price and the cost of goods sold, expressed as a percentage of the selling price, indicating the profitability of a product or business.