asked 161k views
5 votes
Do the following functions exhibit increasing, constant, or decreasing returns to scale? What happens to the marginal product of each individual factor as that factor is increased and the other factor held constant?

a. q= 3L+2K

b. q= (2L + 2K)^.5

C. q=3LK^2

d. q=L^.5K^.5

e. q=4L^.5 + 4K

asked
User Malou
by
9.1k points

1 Answer

1 vote

Answer:?????????????????????????????

answered
User Robin Summerhill
by
8.3k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.