Question: Suppose a firms production function is given by Q = 2*MIN((L,2K) this production function exhibits. none of the above constant returns to the scale decreasing

Suppose a firms production function is given by Q = 2*MIN((L,2K) this production function exhibits.

  • none of the above
  • constant returns to the scale
  • decreasing returns to the scale
  • increasing returns to the scale

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