Page 1 of 1

For the production function Q = 0.7L + K, returns to scale: O Is increasing. O Is decreasing. O Can be increasing, decre

Posted: Fri Jul 01, 2022 8:12 am
by answerhappygod
For The Production Function Q 0 7l K Returns To Scale O Is Increasing O Is Decreasing O Can Be Increasing Decre 1
For The Production Function Q 0 7l K Returns To Scale O Is Increasing O Is Decreasing O Can Be Increasing Decre 1 (37.61 KiB) Viewed 34 times
For the production function Q = 0.7L + K, returns to scale: O Is increasing. O Is decreasing. O Can be increasing, decreasing, or constant depending on the values of L and K. Is constant.