Consider the production function Y = 2F (L, K. II, N). Suppose F (12, 10,9,7) - 100 and F (24, 20,18, 14) - 180. Does the
production function have the property of constant returns to
scale? Why or why not?

Sera sells t-shirts at the beach. she believes the price of a t-shirt and the number of t-shirts sold are related. she has been experimenting with different prices for the t-shirts. she has collected a data set with five pairs of data; each consists of the price of a t-shirt and the number of shirts sold. the independent variable, which will go on the x-axis, is . the dependent variable, which will go on the y-axis, is the