For each scenario below, calculate the returns to scale and explain what would happen with a 10% increase in capital (K) and labor (L). You don’t…

For each scenario below, calculate the returns to scale and explain what would happen with a 10% increase in capital (K) and labor (L). You don’t need to calculate an exact amount. Just give an approximate value.

1. Q = K^0.2 L^0.4
2. Q = 4K + 2L
3. Q = KL – K^2 – L^2