Solved

The Following Cobb-Douglas Production Function,Q = 1.8L^0.74K^0.36,exhibits

Question 35

Multiple Choice

The following Cobb-Douglas production function,Q = 1.8L^0.74K^0.36,exhibits

A) increasing returns.
B) constant returns.
C) decreasing returns.
D) Both A and B

Related Questions

Q30: Which of the following combination of inputs

Q31: Decreasing returns to scale A)indicate that an increase

Q32: An isoquant indicates different combinations of A)two inputs

Q33: Q = K1/2L1/2 w = $2,r = $2 The

Q34: The production period in which at least

Q36: When the law of diminishing returns takes

Q37: For each of the following functions,describe returns

Q38: Stage III of the short-run Production Function

Q39: A firm is making a long-run planning

Q40: Which of the following is not true