Use the following to answer questions :
Table 6-2
-The production process defined by the function recorded in Table 6-2 displays decreasing returns to scale for labor but not for land.

Question

Use the following to answer questions :
Table 6-2 
-The production process defined by the function recorded in Table 6-2 displays decreasing returns to scale for labor but not for land.

Quizplus · Accepted Answer

Without specific details from Table 6-2, it's impossible to determine the nature of returns to scale for labor or land. The statement cannot be verified as true or false without access to the specific data in Table 6-2.

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