If a Production Function Has Constant Returns to Scale,output Can

question 154

Multiple Choice

If a production function has constant returns to scale,output can be doubled if

• A)labor alone doubles.
• B)all inputs but labor double.
• C)all of the inputs double.
• D)None of the above is correct.

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Definitions:

Histamine

A compound found in the body as a part of the immune response that causes dilation of capillaries, contraction of smooth muscle, and stimulation of gastric acid secretion, involved in allergic reactions.

Heparin

A medication used as an anticoagulant to prevent and treat blood clots.

Basophils

A type of white blood cell involved in immune responses and inflammation, known for releasing histamine and other chemicals during allergic reactions.

Thrombus

A blood clot that forms within a blood vessel, which can impede blood flow.