Linear Homogeneous Production function is another name for _____

CA Foundation · Business Economics · PYQS · May 2025
Linear Homogeneous Production function is another name for _____
(A) A. Law of variable proportion
(B) B. Constant returns to scale
(C) C. Increasing returns to scale
(D) D. Decreasing returns to scale

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Constant returns to scale

Topics: Theory of Production and Cost

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic