Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Llanis Llanis
wrote...
Go to Answer
Posts: 626
Rep: 0 0
6 years ago
Suppose the production of VCRs can be represented by the following production function: q = L0.4 K0.4. Which of the following statements is TRUE?
A) The production function has decreasing returns to scale.
B) The production function has increasing returns to scale.
C) The production function has constant returns to scale.
D) Returns to scale vary with the level of output.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 64 times
1 Reply
Replies
Answer verified by a subject expert
TecShdwTecShdw
wrote...
#1
Posts: 432
Rep: 0 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Llanis Author
wrote...

6 years ago
You make an excellent tutor!
jmelchor77
wrote...

Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
jayfo05
wrote...

2 hours ago
Thanks for your help!!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1365 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 58
  
 1611
  
 44
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352
Previous poll results: Which country would you like to visit for its food?