Economics

2. If a firm increases all of its inputs by 60 percent and its output increases by 90 percent, then you know that:
A) it is encountering diseconomies of scale.
B) it is encountering economies of scale.
C) it is encountering constant returns to scale.
D) the marginal products of all inputs are falling.

  1. 0
  2. 0
  3. 5
asked by Kristin
  1. B

    1. 0
    2. 0
    posted by JJJ

Respond to this Question

First Name

Your Response

Similar Questions

  1. economics

    Suppose that when a firm increases output by 20%, long-run total cost increases by 50%. The firm will experience

    asked by Annie on August 19, 2012
  2. Help-Econ

    Okay, this is due Tuesday. I'm woking on it but if anyone can help that would be great! Suppose firm A opeates in a perfectly competitive market. The price that currently prevails in the market is $1,000. Firm A's marginal cost is

    asked by Trisha on June 21, 2005
  3. math

    in scatterplot comparing x and y, the y-values are along the vertical axis. the line of the best fit is horizontal. which statement best describes relationship between x and y? a)as x increases y increases b)as x increases y

    asked by vernee on March 28, 2009
  4. Economics

    The firm currently uses 70,000 workers to produce 300,000 units of output per day. The daily wage (per worker) is $100, and the price of the firm’s output is $30. The cost of other variable inputs is $500,000 per day. Although

    asked by Vision on November 18, 2008
  5. Math

    The firm currently uses 70,000 workers to produce 300,000 units of output per day. The daily wage (per worker) is $100, and the price of the firm’s output is $30. The cost of other variable inputs is $500,000 per day. Although

    asked by Randy Tan. on November 18, 2008
  6. mirco-economics

    The firm currently uses 50,000 workers to produce 200,000 units of output per day. The daily wage per worker is $80, and the price of the firm’s output is $25. The cost of other variable inputs is $400,000 per day

    asked by brynda on June 26, 2011
  7. Statistics

    As x increases, does the value of r imply that y should tend to increase, decrease, or remain the same? Explain. ( Since r is zero, as x increases, y decreases. Since r is negative, as x increases, y remains the same. Since r is

    asked by alex on June 24, 2010
  8. Microeconomics [Urgent!]

    I have an exam tomorrow and I really need to know how you get the following answers. Please show me! I know it's a lot of questions, but I don't understand how you get the answer... ------------------ 40. At Nick's Bakery, the

    asked by Anonymous on December 8, 2008
  9. microeconomics

    A firm currently uses 40,000 workers to produce 180,000 units of output per day. The daily wage per worker is $100, and the price of the firm's output is $28. The cost of other variable inputs is $500,000 per day. (Note: Assume

    asked by Evelyn on October 30, 2015
  10. Business

    TCO 4) One result of taking a firm private is. 1.the firm's stock is no longer available for purchase on the open market. 2.managers lose some control as the number of .stockholders increases. 3.the public image of the firm will

    asked by Namcy on August 22, 2008

More Similar Questions