Which of the Following Contributes to the Increasing Returns to Scale

question 76

Multiple Choice

Which of the following contributes to the increasing returns to scale in production as a firm expands capacity?

• A)Specialization of labor
• B)Increase in average cost and decrease in output
• C)Increase labor while keeping capital constant
• D)Increase in marginal utility

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Definitions:

Wrist

The joint connecting the hand to the forearm, allowing for a wide range of motion and flexibility.

Marble-Sized

Describes an object or mass that is about the same size as a marble, indicating a small, round shape approximately 1/2 inch to 1 inch in diameter.

Coxal Bone

Another term for the hip bone, comprising the ilium, ischium, and pubis, that forms part of the pelvis.

Pelvic Girdle

The ring of bones in the lower torso, comprised of the two hip bones, sacrum, and coccyx, providing support for the human body's weight.