For each of the following total cost curves, determine if the technology exhibits increasing, decreasing, or constant returns to scale.

by

Technology.

For each of the following total cost curves, determine if the technology exhibits increasing, decreasing, or constant returns to scale.

a. TC(q) = q2
b. TC(q) = √q
c. TC(q) = 2q
d. TC(q) = 2q + 4