If, When a Firm Doubles All Its Inputs, Its Average

question 42

Multiple Choice

If, when a firm doubles all its inputs, its average cost of production increases, then production displays

• A)diminishing returns.
• B)economies of scale.
• C)diseconomies of scale.
• D)declining fixed costs.

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Definitions:

Drug Overdoses

The ingestion or application of a drug in quantities greater than recommended or generally practiced, leading to a toxic state or death.

Antipsychotic Drugs

Medications used to treat or manage symptoms of psychotic disorders, such as schizophrenia or bipolar disorder.

Dissociative Identity Disorder

A severe form of dissociation, a mental disorder characterized by the presence of two or more distinct and relatively enduring personality states.

Cognitive Therapy

A form of psychotherapy that focuses on changing negative thought patterns to improve emotional health and behavior.