If production is given by Q = KL,doubling both inputs
A)more than doubles output.
B)exactly doubles output.
C)increases output but does not double it.
D)leaves output unchanged.

Question

Quizplus · Accepted Answer

Doubling both inputs (K and L) in the production function Q = KL results in Q = (2K)(2L) = 4KL, which more than doubles the original output, indicating increasing returns to scale.

If Production Is Given by Q = KL,doubling Both Inputs