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Question #4 (20 Marks) Consider the following production function: Q(K. L) = 75(0.3K--4 + 0.7L'0-4)2-5 a) (8 Marks) Is this a homogeneous function and if

Question #4 (20 Marks) Consider the following production function: Q(K. L) = 75(0.3K--4 + 0.7L'0-4)2-5 a) (8 Marks) Is this a homogeneous function and if so. what is the degree of homogeneity? (Be sure to prove your answer.)

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