When a Firm Produces More Output Using the Same Inputs

question 220

Multiple Choice

When a firm produces more output using the same inputs or the same output using fewer inputs we say that the firm

• A)experiences an increase in demand.
• B)experiences positive technological change.
• C)will hire more workers in order to produce more output.
• D)is operating in the short run.

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Definitions:

Painful Stimulus

A stimulus that is physically uncomfortable or hurtful, often triggering a reflexive withdrawal or response to stop the pain.

Motor Response

The physical reaction of the body to a stimulus, involving movement of muscles.

Peripheral Nervous System

The part of the nervous system that consists of the nerves and ganglia outside of the brain and spinal cord.

Sensory Nerves

Nerves that transmit sensory information from the body to the central nervous system.