Question
When does a production function satisfy constant returns to scale?
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|
Price (Per kg)
|
Qd (in kg)
|
Qs (in kg)
|
|
9
|
7
|
14
|
|
7
|
6
|
11
|
|
5
|
8
|
8
|
|
3
|
10
|
5
|
|
1
|
12
|
2
|
|
Combination
|
Good X
|
Good Y
|
$MRS_{XY}$
|
|
A
|
1
|
15
|
-
|
|
B
|
2
|
11
|
-
|
|
C
|
3
|
8
|
-
|
|
D
|
4
|
6
|
-
|
|
E
|
5
|
5
|
-
|