Mathematics · Production Functions
When α = 14 and β = 34 for the Cobb-Douglas production function Q = A Kα Lβ, the returns to scale are:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Increasing
- 2Constant✓
- 3Decreasing
- 4First decreasing and then increasing
Correct answer
Constant
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