What does a production factor of TP=2L + 3K mean a) increase return to scale in the
Fantastic news! We've Found the answer you've been seeking!
Question:
What does a production factor of TP=2L + 3K mean
a) increase return to scale in the long run
b) decrease return to scale in the long run
c) constant return to scale in the long run
d) constant return to scale in the short run
e) decrease return to scale in the short run
Posted Date: