Question: B. Quantitative Analysis 1.Problem: Returns to Scale Estimation. Determine whether the following production functions exhibit constant, increasing, or decreasing returns to scale. a).Q = 0.6L

B. Quantitative Analysis

1.Problem: "Returns to Scale Estimation."

Determine whether the following production functions exhibit constant, increasing,

or decreasing returns to scale.

a).Q = 0.6L + 20K +10F

b).Q = 2L2+ 3LK + 5K2

c).Q = 20L0.25K0.74

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