Multiple Choice
Increasing returns would be a situation where a firm increases its workforce and other inputs by
A) 8 percent and its output increases by 5 percent.
B) 5 percent and its output increase by 8 percent.
C) 8 percent and its output increases by 8 percent.
D) 12 percent and its output increases by 10 percent.
Correct Answer:

Verified
Correct Answer:
Verified
Q160: Productivity growth was greater between 1973 and
Q161: The economy of 1995-2010 was characterized by
Q162: The size of the labor force depends
Q163: An antigrowth view would be that there
Q164: Technological advances that contribute to economic growth
Q166: Factors that contributed to the higher U.S.
Q167: A competitive market system promotes growth by
Q168: Which of the following does not correctly
Q169: Which of the following economic regions has
Q170: Before the Industrial Revolution, living standards in