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If the sum of the exponents of a Cobb-Douglas production function is equal to 1.the production function exhibits: Question 10 options: 1) increasing returns to
If the sum of the exponents of a Cobb-Douglas production function is equal to 1.the production function exhibits: Question 10 options: 1) increasing returns to scale. 2) constant returns to scale. 3) diminishing marginal returns. 4) declining productivity. 5) increasing average costs
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