4. Select the production function with increasing returns to scale: A. q = (L+1)K B. q = (VI + VK) 2 C. q = L3 D. q = VLK + L E. None of them has increasing returns to scale

IGNORE 'increasing'

Select the production function with decreasing returns to scale:

4. Select the production function with increasing returns to scale:<br>A. q = (L+1)K<br>B. q = (VI + VK)<br>2<br>C. q = L3<br>D. q = VLK + L<br>E. None of them has increasing returns to scale<br>

Extracted text: 4. Select the production function with increasing returns to scale: A. q = (L+1)K B. q = (VI + VK) 2 C. q = L3 D. q = VLK + L E. None of them has increasing returns to scale

Jun 07, 2022

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4. Select the production function with increasing returns to scale: A. q = (L+1)K B. q = (VI + VK) 2 C. q = L3 D. q = VLK + L E. None of them has increasing returns to scale

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