A Production Function Exhibits Constant Returns to Scale If

question 61

Multiple Choice

A production function exhibits constant returns to scale if:

• A) when you hold inputs constant, you double the output
• B) when you double each input, you more than double the output
• C) when you double each input, you less than double the output
• D) when you double one input, you double the output
• E) when you double each input, you double the output

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Definitions:

Electroencephalograph (EEG)

A diagnostic tool that records the electrical activity of the brain, important for identifying conditions such as epilepsy.

Sleep Spindles

Bursts of oscillatory brain activity visible on an EEG that occur during stage 2 of sleep and are thought to be involved in processing memory and learning.

Stage 2 Sleep

A period of light sleep before entering deeper sleep stages, characterized by specific brain wave patterns.

Rotating Shift Schedule

A work scheduling system where employees alternate their work hours across various shifts, to cover different parts of the day and night.