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(a) Define increasing return to scale, decreasing return to scale and constant return to scale. (b) Let Cobb Douglas function is denoted by q =
(a) Define increasing return to scale, decreasing return to scale and constant return to scale.
(b) Let Cobb Douglas function is denoted by q = A Ka Lb,Then write three conditions of Increasing return to scale, Decreasing return to scale and Constant return to scale.
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