Quiz 13 Returns To Scale

Quiz 13 Returns To Scale - E are inputs. Show your work!...

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Shomu Banerjee ECON 201 RETURNS TO SCALE Find the returns to scale for the following production functions where y denotes output, and K , L , and
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Unformatted text preview: E are inputs. Show your work! (a) y = K 1/3 . L 1/3 (b) y = 4 K . L . E (c) y = [0.3 K 1/2 + 0.7 L 1/2 ] 2 (d) y = (2 K +3 L ) 1/2...
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This note was uploaded on 10/26/2010 for the course ECONOMICS ECON 201 taught by Professor Dr.shomubanerjee during the Summer '07 term at Emory.

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