Microeconomic Theory
12th Edition
ISBN: 9781337517942
Author: NICHOLSON
Publisher: Cengage
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Question
Chapter 9, Problem 9.7P
a)
To determine
To prove: The function exhibits constant returns to scale.
b)
To determine
To prove: Function exhibits diminishing marginal productivities, and the marginal productivity function is homogeneous of degree 0.
c)
To determine
To find: The value of s.
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