420Worksheet2 - a. F(K,L) = b. F(K,L) = c. F(K,L) = K 2 + L...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
ECO420 Worksheet 2 1. Do the following production functions exhibit CRS, IRS or DRS? Please show complete work to answer this question.
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: a. F(K,L) = b. F(K,L) = c. F(K,L) = K 2 + L 2...
View Full Document

This document was uploaded on 10/28/2011 for the course ECON 420 at UNC.

Ask a homework question - tutors are online