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1 Ni Ml 5. Suppose a firm has a production function given by Y = zF (K, N) : zK (a) Prove that constant return

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1 Ni Ml 5. Suppose a firm has a production function given by Y = zF (K, N) : zK (a) Prove that constant return to scale holds for the production function. (b) Write down the firm's problem. What is the firm's optimality condition? (c) Let K = 4, z = 1, and w = 1. Solve for the optimal labor demand

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