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Q1. PRODUCTION FUNCTIONS 1. Draw a graph to show a production function that, unlike Alexei's, becomes steeper as the input increases. 2. Can you think

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Q1. PRODUCTION FUNCTIONS 1. Draw a graph to show a production function that, unlike Alexei's, becomes steeper as the input increases. 2. Can you think of an example of a production process that might have this shape? Why would the slope get steeper? 3. What can you say about the marginal and average products in this case

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