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Other Fields Homework Help Economics Topic started by: suhail1073 on Mar 10, 2021

Title: ProductLaborCapitalTobacco products0.180.33Paper products0.440.65Transportation ...
Post by: suhail1073 on Mar 10, 2021

Product	Labor	Capital
Tobacco products	0.18	0.33
Paper products	0.44	0.65
Transportation equipment	0.44	.048
Furniture	0.60	0.40
Electronic equipment	0.49	0.51
Petroleum	0.30	0.88
Food	0.43	0.48
Clothing	0.70	0.30
Primary metal	0.51	0.73

According to the table above, transportation equipment production exhibits

▸ decreasing returns to scale.

▸ constant returns to scale.

▸ increasing returns to scale.

▸ varying returns to scale.

Title: ProductLaborCapitalTobacco products0.180.33Paper products0.440.65Transportation ...
Post by: Frogmama on Mar 10, 2021

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