The following table shows the various combinations of labour (L) and capital (K) and the resulting outputs
Combination Output (units)
1L + 1K 200
2L + 2K 400
3L + 3K 600
4L + 4K 800
5L + 5K 1000
This table shows the
| A. | Constant returns to scale |
| B. | Increasing returns to scale |
| C. | Diminishing returns to scale |
| D. | None of the above |
Answer : A Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
