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If the production function is f(x 1 ,x 2 ) = x 1 x 2 , a. Show whether this production function exhibits increasing, decreasing

If the production function is f(x₁,x₂)₌x₁x₂,

a. Show whether this production function exhibits increasing, decreasing or constant returns to scale.

b. Show whether the average cost is increasing, decreasing or constant.

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