Question
Determine Determine Determine whether the following production whether the following production whether the following production whether the following production whether the following production whether the
Determine Determine Determine whether the following production whether the following production whether the following production whether the following production whether the following production whether the following production whether the following production functions exhibit constant, increasing, or decreasing functions exhibit constant, increasing, or decreasing functions exhibit constant, increasing, or decreasing functions exhibit constant, increasing, or decreasing functions exhibit constant, increasing, or decreasing functions exhibit constant, increasing, or decreasing functions exhibit constant, increasing, or decreasing functions exhibit constant, increasing, or decreasing functions exhibit constant, increasing, or decreasing functions exhibit constant, increasing, or decreasing functions exhibit constant, increasing, or decreasing functions exhibit constant, increasing, or decreasing functions exhibit constant, increasing, or decreasing functions exhibit constant, increasing, or decreasing returns to scale. returns to scale. returns to scale. returns to scale.
A. Q = 0.5X + 2Y 40Z . Q = 0.5X + 2Y 40Z . Q = 0.5X + 2Y 40Z . Q = 0.5X + 2Y 40Z . Q = 0.5X + 2Y 40Z . Q = 0.5X + 2Y 40Z . Q = 0.5X + 2Y 40Z
B. Q = 3L + 10K 500 . Q = 3L + 10K 500 . Q = 3L + 10K 500 . Q = 3L + 10K 500 . Q = 3L + 10K 500 . Q = 3L + 10K 500 . Q = 3L + 10K 500 . Q = 3L + 10K 500
C. Q = 4A + 6B 8AB . Q = 4A + 6B 8AB . Q = 4A + 6B 8AB . Q = 4A + 6B 8AB . Q = 4A + 6B 8AB . Q = 4A + 6B 8AB . Q = 4A + 6B 8AB
D. =72+5+22
E. =100.50.3
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