When the Size of a Factory (And All Its Associated

question 146

Multiple Choice

When the size of a factory (and all its associated inputs) doubles and,as a result,output more than doubles,

• A)The law of diminishing returns must not apply in the smaller factory.
• B)Economies of scale must exist.
• C)The short-run ATC curve must be declining.
• D)Marginal costs must be declining.

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Political Exercise

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Impeachment Process

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Hastert Rule

A political practice in the United States by which the Speaker of the House of Representatives will not bring a bill to the floor unless a majority of the majority party supports the bill.

Speaker of the House

The presiding officer of the United States House of Representatives, responsible for leading the House's legislative agenda and representing its members.