AgricultureAgricultural EconomicsDifficulty: Medium
Given $${\text{Y}} = 25{\text{X}}_1^{0.35}\,{\text{X}}_2^{0.49}$$ , where Y = input, X 1 = input 1, X 2 = input 2. The nature of returns to scale will be
Select the correct option to test your answer:
Correct Answer: Option B (decreasing)
Verified correct option for Agriculture (Agricultural Economics).