Question: (A) Determine whether the production function displays constant, increasing, or decreasing returns to scale. (B) Each hour the rm needs to produce Q units of

returns to scale. (B) Each hour the rm needs to produce Q

units of output to ship to their customers. Write out the rm's

cost minimization problem. Be explicit in specifying the choice variab1e(s) and the

(A) Determine whether the production function displays constant, increasing, or decreasing returns to scale. (B) Each hour the rm needs to produce Q units of output to ship to their customers. Write out the rm's cost minimization problem. Be explicit in specifying the choice variab1e(s) and the constraint. Suppose a firm has the following production function: F (K, L) = AK- LE

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