Multiple Choice
The production function Q = 0.8X + 0.6Y exhibits
A) increasing return to scale.
B) decreasing returns to scale.
C) constant returns to scale.
D) economies of scale.
Correct Answer:
Verified
Related Questions
Q83: Q89: Suppose the production of VCRs can be Q91: Suppose the production of VCRs can be Q96: Show that increasing returns to scale can Q97: Returns to scale is a concept that![]()