Question
Which of the following production function exhibits Diseconomies of scale? Q=K^1/2 L^1/2 Production function where inputs are perfect compliments Production function where inputs are perfect
Which of the following production function exhibits Diseconomies of scale?
Q=K^1/2 L^1/2
Production function where inputs are perfect compliments
Production function where inputs are perfect substitutes
Q=K^1/2 L^1/3
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Managerial Economics
Authors: Mark Hirschey
14th edition
9781473709263, 1473709261, 1473717343, 1473717345, 978-1305506381
