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(4 ) Consider the following production function: Q - f (K, L) - 10K $13 1. What type of returns to scale does it exhibit?
(4 ) Consider the following production function: Q - f (K, L) - 10K $13 1. What type of returns to scale does it exhibit? 2. Compute the isoquant for Q=100 3. Compute Marginal Returns to Scale? 4. What is the elasticity of substitution
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