Subjective Questions on Show the condition for a Cobb Douglas production function under i increasing returns to scale ii con........... for Indian Economic Service Preparation

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Subjective Questions

Show the condition for a Cobb Douglas production function under i increasing returns to scale ii con...........

Economics-I Theory of Production and Cost
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    Show the condition for a Cobb-Douglas production function under :

    (i) increasing returns to scale

    (ii) constant returns to scale

    (iii) diminishing returns to scale     

    Are the Laws of Returns compatible ?           (5 Marks)

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