Question: Consider the production function Q = 5(K4/3+14/3). What is the characteristic of the production function, i.e., is it constant returns to scale, increasing returns to

Consider the production function Q = 5(K4/3+14/3). What is the characteristic

of the production function, i.e., is it constant returns to scale, increasing

Consider the production function Q = 5(K4/3+14/3). What is the characteristic of the production function, i.e., is it constant returns to scale, increasing returns to scale (economies of scale), or decreasing returns to scale (diseconomies of scale)

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