rganizations Content Collection QUESTION 5 O2 and 4 Which of the following production functions exhibit constant returns to scale? In each case y is output and K and L are inputs. (1) y= K 1/2 L 1/3 (2) y = 3 K 1/2 L 1/2 (3) y = K 1/2+L 1/2 1, 3, and 4 1, 2, and 4 2, 3, and 4 2 and 3. Libraries QUESTION 6 Support (4)y=2K+ 3L. A firm has the production function f(x, y) = 20 x 3/5 y 2/5. The slope of the firm's isoquant at the point (x, y) = (50, 70) is (pick the closest one) -2.10. -0.36. -0.67. -1.50. -0.71. Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers 1p