Question
Consider the following production function: q= 4L^0.5K^0.5 . Which term describe this production function's returns to scale? Select one: a.Increasing Returns to Scale b.Constant Returns
Consider the following production function:q= 4L^0.5K^0.5.
Which term describe this production function's returns to scale?
Select one:
a.Increasing Returns to Scale
b.Constant Returns to Scale
c.Decreasing Returns to Scale
^=exponent
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Economic Change In Asia Implications For Corporate Strategy And Social Responsibility
Authors: M Bruna Zolin, Bernadette Andreosso O'Callaghan, Jacques Jaussaud
1st Edition
1317286650, 9781317286653
