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Assume a firm is in the short run with capital (K) fixed and labor (L) variable. Explain why a firm will or will not experience

Assume a firm is in the short run with capital (K) fixed and labor (L) variable. Explain why a firm will or will not experience diminishing marginal returns to labor for each of the two following production functions:

a. = (,) = 5 +

b. = (,) = 0.5 0.5

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