Business, 29.02.2020 01:01, Tanija1995

Does this production function exhibit increasing, decreasing, or constant returns to scale? A. Decreasing returns to scale because the inputs exhibit diminishing marginal returns. B. Increasing returns to scale because the inputs exhibit diminishing marginal returns. C. Constant returns to scale because a proportionate increase in all inputs results in the same proportionate increase in output.

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Does this production function exhibit increasing, decreasing, or constant returns to scale? A. Decre...