Question

    Among the following production functions which one is having decreasing returns to scale

    A Q = K^.95 L^0.5 Correct Answer Incorrect Answer
    B Q = 5L + 4K Correct Answer Incorrect Answer
    C Q = min{(L,K)^0.5} Correct Answer Incorrect Answer
    D Q = 200L^1.5K^0.75 Correct Answer Incorrect Answer

    Solution

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