This is the answer plz write Clear hand written Y=5K0.5 +3L Multiply k & L by X = 5(X k) ⁰.³ + 3 (XL) 0.5 = 5x0.5 0.5 + 3x0.5 10.5. =x0.5 [540.5 + 320.5] = x 0.5 4 Since power of 7 is less than 1, production function has decreasing returns. Correct: c) Decreasing
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![This is the answer plz write
Clear hand written
Y=Sk 0.5 +3L
Multiply k & L by X
0.5
5(xk) ⁰.³ + 3 (XL) ⁰.s
=
=
510.5 40.5 + 3 x 0.5 10.5.
k
= x0.5 [sk0.5 + 320.5]
= X0.5 4
Since power of is less than 1, production function has
decreasing returns.
Correct: c) Decreasing](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff5fc4cca-ed0f-4094-a179-7a84195116e2%2Fa47afdd7-5d5f-4352-8728-4bf083f6e538%2Fejm1ism_processed.jpeg&w=3840&q=75)
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