menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Managerial Economics Study Set 4
  4. Exam
    Exam 6: The Theory and Estimation of Production Appendices 6A,6B,and 6C
  5. Question
    Decreasing Returns to Scale
Solved

Decreasing Returns to Scale

Question 31

Question 31

Multiple Choice

Decreasing returns to scale


A) indicate that an increase in all inputs by some proportion will result in a decrease in output.
B) must always occur at some point in the production process.
C) are directly related to the law of diminishing returns.
D) All of the above are true.
E) None of the above is true.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q26: The difference between the short-run and the

Q27: A firm has two plants,one in the

Q28: In a call center,which of the following

Q29: <span class="ql-formula" data-value="\begin{array} { | c |

Q30: Which of the following combination of inputs

Q32: An isoquant indicates different combinations of<br>A)two inputs

Q33: Q = K<sup>1/2</sup>L<sup>1/2</sup><br>w = $2,r = $2<br>The

Q34: The production period in which at least

Q35: The following Cobb-Douglas production function,Q = 1.8L<sup>0.74</sup>K<sup>0.36</sup>,exhibits<br>A)increasing

Q36: When the law of diminishing returns takes

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines