Q = ALα Kβ; α, β > 0, increasing returns to scale requires that
A. α + β = 1
B. α + β = 0
C. α + β > 0
D. α + β > 1
Answer:D
Q = ALα Kβ; α, β > 0, increasing returns to scale requires that
A. α + β = 1 B. α + β = 0 C. α + β > 0 D. α + β > 1