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3. 0f the following production functions, which exhibit increasing, constant, or decreasing returns to scale? (6 marks) (a) F(K, L) = K2 L (b) F(K.,

3. 0f the following production functions, which exhibit increasing, constant, or decreasing returns to scale? (6 marks) (a) F(K, L) = K2 L (b) F(K., L) = 10K + 5L (0)1:(K1 L) = (KL 0'5

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