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Author Question: Suppose the production function for T-shirts can be represented as q = L0.25K0.75. Show that the ... (Read 14 times)

TVarnum

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on: Jul 1, 2018
Suppose the production function for T-shirts can be represented as q = L0.25K0.75. Show that the production function has constant returns to scale.
 
  What will be an ideal response?

Question 2

A firm can experience increasing, constant and decreasing returns to scale for various levels of output.
 
  Indicate whether the statement is true or false
Microeconomics ¦ Perloff ¦ 8th Edition
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hanadaa

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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TVarnum

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

Missbam101

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Reply 3 on: Yesterday
Excellent

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