Question: a) The production function q = 9K0.8LO.1 exhibits [ increasing returns to scale, constant return to scale,decreasing returns to scale, none of the above ]


a) The production function q = 9K0.8LO.1 exhibits [ increasing returns to scale, constant return to scale,decreasing returns to scale, none of the above ] b) The production function q = K1.2 + 3L1.2 exhibits [ increasing returns to scale, constant return to scale,decreasing returns to scale, none of the above] a) The production function q = 910.810.1 exhibits [ Select ] b) The production function q = K1.2 + 3L12 exhibits [ Select ]
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