Question: Question 2 9 Suppose the production function for a country is Y = F ( K , L ) Y = F ( K ,

Question 29
Suppose the production function for a country is Y=F(K,L)Y = F(K, L)Y=F(K,L). In this equation, constant returns to scale means that if we multiply the function by a factor zzz, the new equation is:
zF(K,L)zF(K, L)zF(K,L)
F(K,L)+zF(K, L)+ zF(K,L)+z
zF(zK,zL)zF(zK, zL)zF(zK,zL)

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