Suppose Q = K^$\alpha$L^$\beta$,if $\alpha$ + $\beta$ 1 the isoquants will be A) upward sloping. B) progressively closer together at higher quantities. C) progressively further apart at higher quantities. D) equally spaced.

Question

Suppose Q = K^$\alpha$L^$\beta$,if $\alpha$ + $\beta$ > 1 the isoquants will be A) upward sloping. B) progressively closer together at higher quantities. C) progressively further apart at higher quantities. D) equally spaced.

Quizplus · Accepted Answer

The Answer of Suppose Q = K^$\alpha$L^$\beta$,if $\alpha$ + $\beta$ > 1 the isoquants will be A) upward sloping. B) progressively closer together at higher quantities. C) progressively further apart at higher quantities. D) equally spaced.

Suppose Q = K α\alphaα L β\betaβ ,if α\alphaα β\betaβ > 1 the Isoquants Will Be A) Upward Sloping

Suppose Q = K^$\alpha$L^$\beta$,if $\alpha$ $\beta$ > 1 the Isoquants Will Be
A) Upward Sloping