The Production Function A)exhibits Constant Returns to Scale and Constant Marginal Productivities for A)exhibits
Multiple Choice
The production function
A) exhibits constant returns to scale and constant marginal productivities for K and L.
B) exhibits diminishing returns to scale and diminishing marginal productivities for K and L.
C) exhibits constant returns to scale and diminishing marginal productivities for K and L.
D) exhibits diminishing returns to scale and constant marginal productivities for K and L..
Correct Answer:
Verified
Correct Answer:
Verified
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