Economy, asked by kano53481, 3 days ago

Isocline of homogeneous and non homogeneous production function

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Answered by marysherlin82
1

Answer:

Definition: The Linear Homogeneous Production Function implies that with the proportionate change in all the factors of production, the output also increases in the same proportion. Such as, if the input factors are doubled the output also gets doubled. This is also known as constant returns to a scale.

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