With constant returns to scale and factor prices invariant with the amount of factors used, the long-run output expansion path is

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With constant returns to scale and factor prices invariant with the amount of factors used, the long-run output expansion path is a straight line. This means that as the amount of factors used to produce a good increases, the output also increases proportionately, resulting in a linear relationship between input and output. This is because constant returns to scale imply that there is no diminishing marginal productivity of factors, and as a result, the production function exhibits a linear relationship between input and output.

With Constant Returns to Scale and Factor Prices Invariant with the Amount