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

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

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

Quizplus · Accepted Answer

The production function exhibits constant returns to scale if when we multiply all inputs by a constant factor, output also increases by the same factor. The given production function satisfies this condition, hence exhibits constant returns to scale.

The Production Function of the Form