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2. (i).Explain the followin equation (10 points) KIM - KitsY - SKI (ii).Is this production function characterized by constant returns to scale? Explain. (5 points

2. (i).Explain the followin equation (10 points) KIM - KitsY - SKI (ii).Is this production function characterized by constant returns to scale? Explain. (5 points Y- VRVL (iff). Explain the concept of convergence in growth theory (8 points)

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