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3.1 F(K,L) 0.3. 0.7 F(At.au)= (1x3aび 0.3 0.1 0.303 0. o, 7 L. 0.3 0.7 = d F(XiL) The power o7 dis I it means producth fh is exhubiting Constaut retun to Scale 0.5 0.8 3,2 F(K,L) as 0.8 0.5 0.5 0.86.8 k .」し こ 1.3 0.J 0.8 こdc.L f(Kit) than! (13>1) ie Degree o7 d is more thanI (13>1)ie hetwrn fo Scale Increauing exehibits Produeth fa 3.3 to exhibets consta- ere turn to scale FLOK. OL) = (OK). co a, a b,6 * latb =1 atb, a b k.L %3D atb

3.1 F(K,L) 0.3. 0.7 F(At.au)= (1x3aび 0.3 0.1 0.303 0. o, 7 L. 0.3 0.7 = d F(XiL) The power o7 dis I it means producth fh is exhubiting Constaut retun to Scale 0.5 0.8 3,2 F(K,L) as 0.8 0.5 0.5 0.86.8 k .」し こ 1.3 0.J 0.8 こdc.L f(Kit) than! (13>1) ie Degree o7 d is more thanI (13>1)ie hetwrn fo Scale Increauing exehibits Produeth fa 3.3 to exhibets consta- ere turn to scale FLOK. OL) = (OK). co a, a b,6 * latb =1 atb, a b k.L %3D atb

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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3.1 F(K,L) 0.30.7 03 0.3 03 0.1 0,7 L. 0.3 0.7 d F(XiL) The power ofdis I it means produeth fh is exhubiting Constant return to Scale 0.5 0.8 F(K,L) 3,2 0.8 (SK) (AL) 0.5 0.8,0.8 %3D 1.3 0.J 0.8 こdと f(K,L) 1.3 Deghee Producth fu 67 d is more than! (13>1) ie Increauing heturn to Scalo exchibits a b 3.3 (GK). Lo to exhibets constant ere turn to scale F(OR. OL) b,6 f latb =1 a b atb k.L こ atb こ
Transcribed Image Text:3.1 F(K,L) 0.30.7 03 0.3 03 0.1 0,7 L. 0.3 0.7 d F(XiL) The power ofdis I it means produeth fh is exhubiting Constant return to Scale 0.5 0.8 F(K,L) 3,2 0.8 (SK) (AL) 0.5 0.8,0.8 %3D 1.3 0.J 0.8 こdと f(K,L) 1.3 Deghee Producth fu 67 d is more than! (13>1) ie Increauing heturn to Scalo exchibits a b 3.3 (GK). Lo to exhibets constant ere turn to scale F(OR. OL) b,6 f latb =1 a b atb k.L こ atb こ
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