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Determine whether the following production functions exhibit constant, increasing, or decreasing returns to scale.
A. Q = 10X + 4Y + 0.25Z
B. Q = 12L + 5K + 500
C. Q = 4A + 14B + 3AB
D. Q = 5L2 + 5LK + 5K2
E. Q = 3L0.3K0.4
Legal Underpinnings of Business Law. The businesses are being sued for breach of contract. Create a matrix that lists every business and compare and contrast your personal liability exposure as an owner as a result of the lawsuit.
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