Sppose the production function for good q is given by q


Suppose the production function for good q is given by q = 3k + 2l where k and l are capital and labor inputs. Please answer the following questions: (1) What is the return to scale for this function? (1) What is the RTS of this function?

Request for Solution File

Ask an Expert for Answer!!
Business Economics: Sppose the production function for good q is given by q
Reference No:- TGS01470422

Expected delivery within 24 Hours