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    Macroeconomics Study Set 30
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    Exam 4: A Model of Production
  5. Question
    The Production Function of the Form\(Y = K ^ { 1 / 3 } L ^ { 1 / 3 }\)
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The Production Function of the Form Y=K1/3L1/3Y = K ^ { 1 / 3 } L ^ { 1 / 3 }Y=K1/3L1/3

Question 10

Question 10

True/False

The production function of the form Y=K1/3L1/3Y = K ^ { 1 / 3 } L ^ { 1 / 3 }Y=K1/3L1/3
exhibits constant returns to scale.

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