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Aggregate Production Functions For the following set of functions. Which one can be used to model the aggregate production function (explain): (a) Y = 10?
Aggregate Production Functions For the following set of functions. Which one can be used to model the aggregate production function (explain): (a) Y = 10? L (b) Y = K L N (c) Y = 1 L (d) Y = K ?L 1?? ? ? (0, 1) (e) Y = 1.5 ln(L)
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