Question: A logarithmic production function based on capital, labour and Technology, is; [lnQ (K,L,T)=lnA+ lnK+ lnL+ lnT]. If =0.481, =1.033 and =-0.453, the firm has: None

A logarithmic production function based on capital, labour and Technology, is; [lnQ (K,L,T)=lnA+ lnK+ lnL+ lnT]. If =0.481, =1.033 and =-0.453, the firm has:

None of these

Increasing returns to scale

Decreasing returns to scale

Constant returns to scale

All of these

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