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Match the following List-I (Production functions) List-II (Name of the shapes...

This question belongs to Commerce Economics
Economics
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Match the following.
List-I (Production functions) List-II (Name of the shapes of returns to scale)
a. Q = 10.2K0.19 L0.88 1. Constant returns to scale
b. Q = 1.01L0.75 K0.25 2. Diminishing returns to scale
c. Q = 0.84L0.63 K0.3 3. Increasing returns to scale

Answer & Solution
Correct Answer: Option B
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1 Comment
Aqsa Basheer
Aqsa Basheer 9 months ago
please correct this. the correct answer will be a3,b1,c2
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