1. A firm has the production function /(x, y) = xia/1go This firm has a. decreasing returns...

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1. A firm has the production function /(x, y) = xia/1go This firm has a. decreasing returns to scale and diminishing marginal product for factor x. b. increasing returns to scale and decreasing marginal product for factor x. c. decreasing returns to scale and increasing marginal product for factor x. d. constant returns to scale. e. None of the above

Posted Date: Jun 25, 2024 07:45 PM

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1. A firm has the production function /(x, y) = xia/1go This firm has a. decreasing returns...

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