Consider the production function
, where Y is output and X represents inputs. Graph this production function. Does it display decreasing, constant, or increasing returns to scale?

Question

Consider the production function  
, where Y is output and X represents inputs. Graph this production function. Does it display decreasing, constant, or increasing returns to scale?

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The Answer of Consider the production function  
, where Y is output and X represents inputs. Graph this production function. Does it display decreasing, constant, or increasing returns to scale?

Consider the Production Function