Economics · Production and Costs
The linear homogeneous Cobb-Douglas production function, often represented as Q=AL α K1−α , exhibits which of the following properties?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Variable returns to scale
- 2Increasing returns to scale
- 3Constant returns to scale✓
- 4Diminishing returns to scale
Correct answer
Constant 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!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Production and Costs MCQs →Want more practice questions on Production and Costs?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Production and Costs