Question
A firm has the production function: (z1, z2) = h z 1 + z 2 i v where 1 < , 6= 0 and v
A firm has the production function: (z1, z2) = h z 1 + z 2 i v where 1 < , 6= 0 and v > 0. a. Find the returns to scale of this production technology, as characterized by v
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Intermediate Microeconomics
Authors: Hal R. Varian
9th edition
978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968
