Examveda

Given Y = $$25{\text{X}}_1^{0.35}\,\,{\text{X}}_2^{0.49},$$   where Y = output, X1 = input 1, X2 = input 2. The nature of returns to scale will be

A. increasing

B. decreasing

C. constant

D. fluctuating

Answer: Option B


This Question Belongs to Agriculture >> Agricultural Economics

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Comments (1)

  1. Sangat Baloch
    Sangat Baloch:
    1 year ago

    Kindly remove this question or make it correct. All options are same

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