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a) Show that the elasticity of substitution for the following function is equal to 1 1-p Q = f (X, Y) = [XP + YP/P

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a) Show that the elasticity of substitution for the following function is equal to 1 1-p Q = f (X, Y) = [XP + YP/P For px1,p#0,and 0. b) Does the function in a) exhibit increasing, decreasing or constant returns to scale if (>1? Show/explain your

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