Categories: Economics JAMB

When a country’s population is experiencing increasing returns; that country is said to be?

A. overpopulated
B. economically poor
C. over-producing goods and services
D. under-populated

Correct Answer:

Option A = overpopulated

Explanation

Increasing returns occur when the output increases in a greater proportion than the increase in input. Now, when a country population is experiencing increasing returns, it means its population is rising and may get to a point where it becomes over populated.

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