Consider the production function y=2f(l,k,h,n). Suppose f(12,10,9,7)=100 and f(24,20,18,14)=180. Does the production function have the property of constant returns to scale? why or why not?

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06-10-2022
Physics

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Consider the production function y=2f(l,k,h,n). Suppose f(12,10,9,7)=100 and f(24,20,18,14)=180. Does the production function have the property of constant returns to scale? why or why not?

Sagot :

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