Question

If the sum of m terms of A.P.The sum if n term is m. Find the sum of(m+n) term​

Answer 1

Answer:

The Cobb Douglas production function {Q(L, K)=A(L^b)K^a}, exhibits the three types of returns: If a+b>1, there are increasing returns to scale. For a+b=1, we get constant returns to scale. If a+b<1, we get decreasing returns to scale.