L Lola New member Jun 21, 2009 #1 Do the following production functions have constant, increasing, or decreasing returns to scale? a. Q= 2L + 3K +400 b. Q= K/L c. Q= 2L + 3K + KL
Do the following production functions have constant, increasing, or decreasing returns to scale? a. Q= 2L + 3K +400 b. Q= K/L c. Q= 2L + 3K + KL
