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Which of the Following Production Functions Exhibits Constant Returns to Scale

Question 39

Multiple Choice

Which of the following production functions exhibits constant returns to scale?


A) Y=KaL1aY = K ^ { a } L ^ { 1 - a }
B) Y=K1/3L2/3Y = K ^ { 1 / 3 } L ^ { 2 / 3 }
C) Y=K0.1L09Y = K ^ { 0.1 } L ^ { 09 }
D) Y=K1/4L3/4Y = K ^ { 1 / 4 } L ^ { 3 / 4 }
E) All of these answers are correct.

Correct Answer:

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