Given a Production Function Q = 3LK, We Can Say

Multiple Choice

Given a production function Q = 3LK, 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.