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The Production Function Q =

Question 1

Multiple Choice

The production function q = The production function q = 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.


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:

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