Economics · Production Function
If the scale parameter (r) is greater than one (r > 1), the CES production function exhibits which of the following?
- 1Decreasing returns to scale
- 2Constant returns to scale
- 3Negative returns to scale
- 4Increasing returns to scale✓
Correct answer
Increasing returns to scale
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Production Function?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Production Function