Increasing or decreasing returns to scale


Problem: Determine whether the following production functions exhibit constant, increasing, or decreasing returns to scale.

A. Q = 0.6L + 20K +10F

B. Q = 2L2 + 3LK + 5K2

C. Q = 20L0.25K0.70

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Microeconomics: Increasing or decreasing returns to scale
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