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MrGrimey MrGrimey
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Posts: 336
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6 years ago
Let the production function be q = ALaKb. The function exhibits decreasing returns to scale if
A) a + b = 1.
B) a+ b > 1.
C) a + b < 1.
D) Cannot be determined with the information given.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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RumkoRumko
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Posts: 279
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6 years ago
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MrGrimey Author
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6 years ago
Brilliant
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Yesterday
this is exactly what I needed
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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