Let the production function be q=AL^a*K^b. Returns to scale are equal to

Let the production function be q=AL^a*K^b. Returns to scale are equal to

Naim 21:17

Let the production function be q=AL^a*K^b. Returns to scale are equal to



A) a * b.
B) a + b.
C) La + Kb.
D) A * L.


Answer: a + b.


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