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shepuryov [24]
3 years ago
5

If your firm's production function has constant returns to scale, then if you double all your inputs, your firm's output willa.

double and productivity will rise.b. double but productivity will not change.c. more than double and productivity will rise.more then double but productivity will not change
Business
1 answer:
ryzh [129]3 years ago
7 0

Answer:

Letter b is correct.<u> Double but productivity will not change.</u>

Explanation:

Scale returns are characterized by an increase in production associated with an increase in production factors.

It is a concept that relates to the concept of economy of scale, but while in an economy of scale the effect of decreasing unit cost related to an increase in production levels, a return of scale corresponds to the effect of increase that occurs by the relation between the quantity of inputs and production.

Therefore, alternative b is correct, because at a constant return to scale, productivity increases at the same rate as inputs increase.

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Below are the complete options:

changing beliefs about the extent to which a brand has certain attributes

encouraging the consumer to use stimulus generalization

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Answer:

changing the importance of attributes

Explanation:

Freshness dates shows for how long a drink can be considered to not have expired. For example Pepsi can be considered to give freshness from 6-9 months after the date printed on the bottle.

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This resulted in 61 percent of cola drinkers now thinking it is important.

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3 years ago
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Answer

The answer and procedures of the exercise are attached in the following archives.

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BOLDED portion is the part of required answer

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You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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4 0
3 years ago
A.R.C. is a large non-profit humanitarian aid organization that has been forced to pull out of several African markets in recent
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Answer:d

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big fall in stock markets can trigger falls in consumer confidence and lead to a recession. The Wall Street crash of 1929 was a primary cause of the great depression. However, the stock market crash of 1987 did not cause an economic downturn. In fact, in the UK it was followed by an unprecedented economic boom. This was partly due to the way the government responded by cutting income tax and cutting interest rates. Interest rates are used as a tool in controlling inflation. However, they can also have an impact on consumer spending. Sometimes interest rates may have little impact; however, if they coincide with other factors they can cause a much bigger than expected fall in consumer spending. For example, in the UK, many homeowners have a variable mortgage. Therefore a small change in interest rates can have a big effect on disposable income. If an increase in interest rates was combined with another factor such as the slowing down of house price growth it may cause a big fall in spending. Number One priority to Target Economic growth and reduce unemployment. At the very least, economic growth needs to be close to long run trend rate 2.5%; it actually needs to be higher to catch up with lost spare capacity. Strong growth will help boost tax revenues and reduce unemployment. It is only in this climate you can successfully reduce the deficit. There is supply-side unemployment, especially in Europe, which has seen prolonged structural unemployment in past two decades. But, the fundamental cause is lack of aggregate demand

8 0
3 years ago
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dedylja [7]

Answer:

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6 0
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What can you conclude about the relationship between the slope of the demand curve above and its elasticity?
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Answer:

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