Q2
Subject:EconomicsPrice: Bought3
Q2. A firm's production function is Q = 9L(2+1)/10K(Y+1)/10 a) Find out AP of labour when K= 8 and L = 81 units. b) Find out the returns to scale.
Subject:EconomicsPrice: Bought3
Q2. A firm's production function is Q = 9L(2+1)/10K(Y+1)/10 a) Find out AP of labour when K= 8 and L = 81 units. b) Find out the returns to scale.