Suppose an Economy Has the Production Function Y = a ×

Suppose an economy has the production function Y = A × K¹/⁴ × H³/⁴,where Y denotes total output,A denotes the level of technology,K denotes the physical capital stock,and H denotes the efficiency units of production.Which of the following is true of this economy?

A) Production in this economy exhibits increasing returns to scale.
B) Production in this economy exhibits constant returns to scale.
C) Production in this economy exhibits decreasing returns to scale.
D) Production in this economy decreases when the price level increases.

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