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Question Practice

Which production function exhibits increasing returns to scale?

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

Which production function exhi...

Single Answer MCQ
Q-00089388

Which production function exhibits increasing returns to scale?

1

Q = L + K

2

Q = 2L + 3K

3

Q = L^2 + K^2

4

Q = 3L + 2K

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Q4.

If a production function is of the form Q = L^0.5 K^0.5, what type of returns to scale does it exhibit?

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