If There Are Constant Returns to Scale, Then Doubling the Amount

question 19

True/False

If there are constant returns to scale, then doubling the amount of any input will exactly double the amount of output.

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Definitions:

Homeostasis

The process by which a living organism maintains stable internal conditions despite changes in its external environment.

Boredom

A state of feeling disinterested and restless due to a lack of stimulation or engagement.

Yerkes-Dodson Law

A psychological principle stating that performance increases with arousal up to an optimal point, after which it decreases.

Physiological Arousal

A state of heightened physiological activity, involving increased heart rate, sweating, or rapid breathing.