Business Economics

1: The Cobb Douglas production function Q = 4 K0.6L 0.3 Exhibit.
A.

Constant returns to scale

B.

Increasing returns to scale

C.

Decreasing returns to scale

D.

None of the above

 

Answer : C

Explanation :

Write your comments here:


Report Error
 

Option: A

Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.