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Equation 11.47 is satisfied for this production function; for example, f LL = -L -1.5 < 0.Given this, satisfying equation 11.48 is not a concern

Equation 11.47 is satisfied for this production function; for example,

fLL= -L-1.5< 0.Given this, satisfying equation 11.48 is not a concern at all for this production function.Why not?Would these concerns matter for a Cobb-Douglas function?

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