Answer:
I'm pretty sure you should choose choices
B) more people start drinking orange juice for breakfast.
D) a new study suggests that orange juice is good for healthy bones.
Answer:
a. The firm experiences constant returns to scale.
b. The firm experiences diseconomies of scale.
c. The firm experiences economies of scale.
Explanation:
To answer the question, the following are explained first:
1. Economies of scale: This occurs when a percentage increase in input by a firm leads to greater percentage increase in its output.
2. Diseconomies of scale: This occurs when a percentage increase in input by a firm leads to less percentage increase in its output.
3. Constant returns to scale: This occurs when a percentage increase in by a firm input leads to an equal percentage increase in its output.
From the question therefore, we have:
a. Outputs increase 15 percent: The firm experiences constant returns to scale since a 15 percentage increase in its input leads to an equal percentage increase in its output.
b. Outputs increase by less than 15 percent: The firm experiences diseconomies of scale since a 15 percentage increase in its input leads to a lsess than 15 percentage increase in its output.
c. Outputs increase by greater than 15 percent: The firm experiences economies of scale since a 15 percentage increase in its input leads to an a greater percentage increase in its output.
That statement is False
Often time, you will have to faced some problems that will messed up your personal action plans.
in that case, you need to adjust your personal action plans so you can stick to your goal, that's why it have to be flexible and can be modified
