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Constant Returns to Scale Means That, Given Any Constant X xY=zF(xK,xNd)x Y = z F ( x K , x N d )

Question 54

Multiple Choice

Constant returns to scale means that, given any constant x > 0


A) xY=zF(xK,xNd) x Y = z F ( x K , x N d ) .
B) xY=xzF(xF,xNd) x Y = x z F ( x F , x N d ) .
C) xY<zF(xK,xNd) x Y < z F ( x K , x N d ) .
D) xY>zF(xK,xNd) x Y > z F ( x K , x N d ) .
E) xY=ZxF(K,Nd) x Y = Z ^ { x F ( K , N d ) } .

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