which of the following production functions is an increasing, decreasing or consistent return to scale please show your work a. y=L^0.3K^0.5  b. y= LK^0.5  c. y= L + K

Microeconomics: Private and Public Choice (MindTap Course List)
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Chapter8: Costs And The Supply Of Goods
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which of the following production functions is an increasing, decreasing or consistent return to scale please show your work

a. y=L^0.3K^0.5 

b. y= LK^0.5 

c. y= L + K 

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