Answer to Question #95323 in Microeconomics for Aiman Ali

Question #95323

Given a production function q=AL0.5K0. What are the return to scale for such a production function

Expert's answer

The return to scale is 0.5

Learn more about our help with Assignments: Microeconomics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. In these questions, let's assume that all the people involved have the same income. a) What t
2. Would increasing the equality of income in the country necessarily increase the total utility of the
3. Research has found that an increase in the price of beer would reduce the amount of marijuana consum
4. with regards to the coal shortages and municipal debts, what forms of interventions do you think esk
5. If the demand law is p = 85 - 4x– x2. what will be the consumer's surplus if : (i) xo =5 and
6. what items should be put on the agenda of a new round of trade talks (and who wants these on the age
7. In City only taxicabs and privately owned automobiles are allowed to use the highway between the ai