Increasing Returns Would Be a Situation Where a Firm Increases

question 39

Multiple Choice

Increasing returns would be a situation where a firm increases its workforce and other inputs by:

• A)10 percent and its output increases by 5 percent.
• B)5 percent and its output increase by 10 percent.
• C)8 percent and its output increases by 8 percent.
• D)12 percent and its output increases by 10 percent.

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Definitions:

Projective Tests

Psychological assessments that use ambiguous stimuli to elicit responses that reveal facets of an individual's personality.

Physiological Observations

The act of monitoring the bodily functions and parameters to assess an individual's health status.

Self-Report Inventories

Psychological assessment tools in which individuals provide subjective responses to questions about their own behaviors, thoughts, and feelings.

Orientation of Locus

The focus or positioning of control believed by a person to reside either internally within themselves or externally in the environment.