Consider the following production functions:

1. Y = AK+BL

2. = 1 3 2 3

3. Y = () 1 3 2 3

4. Y = 1 2

For each of the production functions listed above:

• Determine whether the function exhibits CRS, diminishing returns to physical capital (or human capital, when applicable), and diminishing returns to labor.

Check whether it satisfies the Inada conditions.

Compute the per capita production function.