Select all of the production functions that exhibit constant returns to scale. Q = min{K,L} Q...

Select all of the production functions that exhibit constant returns to scale.

Q = min{K,L}

Q = K + L

Q = (K + L)²

Q = KL

Q = min{2K,3L}

Q = K^.3L^.7

Q = 2K + L

Expert Solution

Rahul Sunny answered 5 months ago

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