Scenario 17-1.An economy's production form takes the form Y = AF(L,K,H,N).
-Refer to Scenario 17-1.If the production function has the constant-returns-to-scale property,then it is possible that the specific form of the production function is
A) Y = 4L + 2K + 3H + N
B) Y = (L + K + H + N)/4
C) Y =2
D) Y = 4

Question

Quizplus · Accepted Answer

The Answer of Scenario 17-1.An economy's production form takes the form Y = AF(L,K,H,N).
-Refer to Scenario 17-1.If the production function has the constant-returns-to-scale property,then it is possible that the specific form of the production function is
A) Y = 4L + 2K + 3H + N
B) Y = (L + K + H + N)/4
C) Y =2
D) Y = 4