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Question Practice

Which condition represents the mathematical expression for Constant Returns to Scale?

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MCQ_SA
CBSE
Class 12
Economics
Introductory Microeconomics
Production And Costs
Question Bank

Which condition represents the...

Single Answer MCQ
Q-00089445

Which condition represents the mathematical expression for Constant Returns to Scale?

1

f(tx1, tx2) = t.f(x1, x2)

2

f(tx1, tx2) > t.f(x1, x2)

3

f(tx1, tx2) < t.f(x1, x2)

4

f(tx1, tx2) = f(x1, x2)

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