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A firm has the production function f(x,y)=x 2 y.This firm has _____. a.decreasing returns to scale and increasing marginal product for factor x b.None of

A firm has the production function f(x,y)=x²y.This firm has _____.

a.decreasing returns to scale and increasing marginal product for factor x

b.None of the answers is correct.

c.decreasing returns to scale and decreasing marginal product for factor x.

d.increasing returns to scale and decreasing marginal product of factor x

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