Suppose You Bake Cupcakes

question 85

Multiple Choice

Suppose you bake cupcakes.One day,you double the time you spend baking and double the sugar,flour,eggs,and all the other inputs in order to bake twice as many cupcakes.What kind of production function is this?

• A) decreasing returns to scale
• B) zero returns to scale
• C) constant returns to scale
• D) increasing returns to scale

---

Definitions:

Theories of Consumption

Various perspectives that attempt to explain patterns, motives, and impacts of consumer behavior in society.

Theories of Globalization

Diverse perspectives that analyze the processes, causes, and consequences of global integration and interconnections across economic, political, and cultural spheres.

Social Construction

The theory that much of the social world is created through collective human agreement and is culturally and historically specific rather than inherent.

Colonialism

Refers to the practice of acquiring full or partial political control over another country, occupying it with settlers, and exploiting it economically.