The production function feature called constant returns to scale means that if we:

A.multiply capital by z1 and labor by z2 , we multiply output by z3 B.increase capital and labor by 10 percent each, we increase output by 10 percent. C.increase capital and labor by 5 percent each, we increase output by 10 percent. D.increase capital by 10 percent and increase labor by 5 percent, we increase output by 7.5 percent

时间:2024-01-29 14:30:50

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