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Q3 Technology f(x1,*2) Returns to Scale? *1 + 3x2 V*1 + 4x2 .5x1x2 x1 +9*2 For each production function in the table above, determine whether
Q3 Technology f(x1,*2) Returns to Scale? *1 + 3x2 V*1 + 4x2 .5x1x2 x1 +9*2 For each production function in the table above, determine whether the function exhibits increasing, decreasing, or constant returns to scale. Show your workings below
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