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The fact that the production function has constant returns of scale means that Question 8 options: If we get 10% more workers, output goes up
The fact that the production function has constant returns of scale means that Question 8 options: If we get 10% more workers, output goes up by 10% If we get 10% more workers, 10% more physical capital, 10% more human capital, and 10% more natural resources, output goes up by 10% Output always goes up by 10% Output always goes up by less than 10% It is impossible to determine how much output will go up without measuring the amount of elastic produced in a particular economy
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