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Consider the production .frmctlon WWW. where Yrs output, K is capital, and N is the number of workers (labor). When K = 56 and N

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Consider the production .frmctlon WWW. where Yrs output, K is capital, and N is the number of workers (labor). When K = 56 and N = 937, output is El (Round your response to two decimal places.) If both capital and labor double. given the production function. output will If output doubles when inputs double. the production function will be characterized by O A. constant returns to scale. 0 8. increasing returns to scale. 0 C. decreasing returns to scale. 0 D. none of the above

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