Which of the Following Refers to a Short Run Phenomenon

question 108

Multiple Choice

Which of the following refers to a short run phenomenon?

• A) economies of scale
• B) constant returns to scale
• C) diseconomies of scale
• D) diminishing returns

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Definitions:

Evolution

The process through which organisms change over time as a result of changes in heritable physical or behavioral traits.

Organizational Context

describes the environmental, cultural, and structural factors that impact how an organization operates.

Disrespect

Showing a lack of courtesy, consideration, or regard for someone or something.

Short-term Results

Outcomes or achievements that are accomplished within a brief period following an action or decision.