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For What Values of a and B Will the Following

question 100

Essay

For what values of a and b will the following production function exhibit increasing,decreasing or constant returns to scale?
q = (Lᵃ + Kᵃ)¹/ᵇ


Definitions:

Sensation Loss

The partial or complete inability to sense stimuli, which can affect any part of the body and can be due to nerve damage or other conditions.

Golgi Tendon Reflex

A protective reflex mechanism that prevents muscle damage during excessive force generation, by causing muscle relaxation in response to high tension in the tendons.

Stretch Reflex

A muscle contraction in response to stretching within the muscle, a monosynaptic reflex integral for posture and locomotion.

Crossed Extensor Reflex

A reflex action whereby stimulation of one limb results in the extension of the opposite limb.

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