Suppose There Are Constant Returns to Scale

question 106

Multiple Choice

Suppose there are constant returns to scale.Now suppose that over time a country doubles its workers,its natural resources,its physical capital,and its human capital,but its technology is unchanged.Which of the following would double?

• A)both output and productivity
• B)output,but not productivity
• C)productivity,but not output
• D)neither productivity nor output

Interpret management jargon related to the Boston Consulting Group's matrix in practical business scenarios.

Analyze growth strategies such as market penetration, market development, product development, and diversification.

Evaluate the strategic marketing planning process and decision-making criteria for product continuation or discontinuation.

Identify and describe the four quadrants of the Boston Consulting Group's portfolio analysis and associated marketing strategies.

---

Definitions:

Douglas Holt

An academic and author known for his work on branding and cultural strategy in marketing.

Subculture

A cultural group within a larger culture, often with beliefs or interests at variance with those of the larger culture.