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MrGrimey MrGrimey
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Posts: 336
Rep: 4 0
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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#1
Posts: 279
Rep: 7 0
6 years ago
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MrGrimey Author
wrote...

6 years ago
this is exactly what I needed
kriggs62
wrote...

Yesterday
Thanks
smdavis
wrote...

2 hours ago
Thanks for your help!!
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