Match the items of List - I with the items of List - II and find out the correct matching.
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List – I |
List – II |
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Production functions |
Name of the shapes of returns to scale |
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(a) Q = 10.2 K0-19 L0.88 |
(i) Constant Returns to scale |
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(b) Q = 1.01 L0.75 K0.25 |
(ii) Diminishing Returns to scale |
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(c) Q = 0.84 L0.63 K0.3 |
(iii) Increasing Returns to scale |
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Codes: |
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| A. | (i) (ii) (iii) |
| B. | (ii) (i) (iii) |
| C. | (ii) (iii) (i) |
| D. | (i) (iii) (ii) |
Answer : C 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. |
