When a firm doubles its inputs and finds that its output has more than doubled, this is known as: | Faculties

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📊 Basics of Economics

Q. When a firm doubles its inputs and finds that its output has more than doubled, this is known as:

(A) economies of scale.
(B) constant returns to scale.
(C) diseconomies of scale.
(D) a violation of the law of diminishing returns.

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✅ Correct Answer: (A) economies of scale.

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