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Given a Production Function Q=3LKQ = 3 L K ,We Can Say That:
A)this Production Function Is Not Cobb-Douglas

Question 55

Multiple Choice

Given a production function Q=3LKQ = 3 L K ,we can say that:


A) this production function is not Cobb-Douglas.
B) this production function is Cobb-Douglas and exhibits decreasing returns to scale.
C) this Cobb-Douglas production function does not exhibit a constant elasticity of substitution.
D) this production function is Cobb-Douglas and exhibits increasing returns to scale.

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