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

question 76

Multiple Choice

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

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

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Definitions:

Three Stages of Birth

The labor process divided into three parts: dilation of the cervix, delivery of the baby, and delivery of the placenta.

Semen

A fluid containing spermatozoa and secretions from male reproductive organs, playing a key role in human reproduction.

Uterus

A female reproductive organ in which a fertilized egg implants and develops into a fetus.