Determine the given production functions exhibit constant

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Question: Returns to Scale. Determine whether the following production functions exhibit constant, increasing, or decreasing returns to scale.

Need to express how you arrived at the solution using excel functions.

A. Q = 0.25X + 5Y + 30Z

B. Q = 4L + 15K + 600

C. Q = 2L0.2K0.6

Reference no: EM131777838

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