A production function of the form
exhibits constant returns to scale.

Name: A production function of the form exhibits constant returns to scale.
Brand: Quizplus
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Question

A production function of the form  
exhibits constant returns to scale.

Quizplus · Accepted Answer

A production function exhibits constant returns to scale if doubling the inputs of all factors of production results in a proportionate increase in output, which is true for the given production function. Therefore, the answer is A.

A Production Function of the Form