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    Microeconomics Theory and Applications
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    Exam 6: Firms and Production
  5. Question
    Let the Production Function Be Q = ALᵃKᵇ
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Let the Production Function Be Q = ALᵃKᵇ

Question 16

Question 16

Multiple Choice

Let the production function be q = ALᵃKᵇ.Returns to scale are equal to


A) a ∗ b.
B) a + b.
C) Lᵃ + Kᵇ.
D) A ∗ L.

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