Consider the following technologies (1-6). For each, provide the following: What type of technology it is....

Consider the following technologies (1-6). For each, provide the following:

What type of technology it is. (1pt)
What the returns to scale are. (1pt)

q = 5.2x10.2x2
q = x10.3x20.4
q = 5x1 + 1.77x2
q = 0.55x10.55x20.47
q = 2x11.3x20.6
q = 0.2x1 + 0.7x2

Expert Solution

Rahul Sunny answered 8 months ago

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