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Under which scenarios is F(K,L) = AK a L 1-y constant returns to scale? A. A=1, =1, and y=0.5 B. A=1, =y C. A=2.5, =y
Under which scenarios is F(K,L) = AKaL1-y constant returns to scale?
A. A=1, =1, and y=0.5
B. A=1, =y
C. A=2.5, =y
D. A=1, =0.4, and y=0.3
E. None of the above
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Authors: Martina Keitsch
1st Edition
0429581505, 9780429581502
