Answer:
Constant returns to scale.
Explanation:
Returns to scale measures the rate at which output changes in relation to increased input.
In the given scenario each worker must use only one shovel to dig a trench, and shovels are useless without the workers.
So of there is increase in price and reduction in shovel output will reduce. Returns to scale is constant with input
Answer:
b. laboratory experiments.
Explanation:
Laboratory experiments -
It refers to the practice of an experiment in a appropriate and controlled condition , is referred to as the laboratory experiments .
In this case , the experiment involve some standard conditions , which are necessary for the experiment to occur .
Hence , from the given information of the question,
The correct option is laboratory experiments.
The decision-making process followed by consumers to maximize utility assumes that the consumer has a limited income, the consumer is able to rank their preferences, the consumer behaves rationally.
The term utility used by the economist as a measure of satisfaction, happiness, a joy of a person.
<h3>Hello there!</h3>
Your question asks when does a student need to file the FAFSA.
<h3>Answer: Every year of college attendance </h3>
The reason why "every year of college attendance" would be the correct answer is because the FAFSA is required to be filled out yearly by the students.
The FAFSA stands for Free Application for Federal Student Aid, meaning that this aid will give students the chance to receive financial aid. The reason why they ask for students to file every year because there could be one year where a student doesn't need the financial aid, and there are other years where the student needs the financial aid badly, and this is just to ensure that they're giving money to the right people. This is because financial aid could change for every year. They also have people file the FAFSA yearly to see if they have any other family members that got into college.
<h3>I hope this helps!</h3><h3>Best regards,</h3><h3>MasterInvestor</h3><h3 />
