Consider a firm with the following production function where A is a constant that is more than zero: f(#1, r2) = Az a. %3D What is true about the firm's returns to scale in the short run when input 1 is fixed? The firm has constant returns to scale O None of the other answers are correct The firm has increasing returns to scale The returns to scale of the firm depend on the value of A The firm has decreasing returns to scale

Consider a firm with the following production function where A is a constant that is more than zero: f(#1, r2) = Az a. %3D What is true about the firm's returns to scale in the short run when input 1 is fixed? The firm has constant returns to scale O None of the other answers are correct The firm has increasing returns to scale The returns to scale of the firm depend on the value of A The firm has decreasing returns to scale

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Could you solve d,e,f ? Thank you
3
Lesson 7- Production Question 8
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