Blank 2 QUESTION 6 Match the multi-variable function on the left with the scale property. + Q(K,L)=2K 0.5L 1 Q(K,L)=7K 0.9L0.1 Q(K,L)=5K 0.21 0.6 + ♦ A. Increasing returns to scale B. Constant returns to scale C. Decreasing returns to scale

Blank 2 QUESTION 6 Match the multi-variable function on the left with the scale property. + Q(K,L)=2K 0.5L 1 Q(K,L)=7K 0.9L0.1 Q(K,L)=5K 0.21 0.6 + ♦ A. Increasing returns to scale B. Constant returns to scale C. Decreasing returns to scale

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter7: Proudction Costs

Section: Chapter Questions

Problem 15SQ

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