Select one. Take a generic production function Y (x1, x2). Define V as the square root of
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Question:
Select one. Take a generic production function Y (x1, x2). Define V as the square root of function Y , that is V = [Y (x1, x2)]1/2 . We can say that V : a. has the same marginal productivities as Y b. has the same returns to scale as Y c. has the same technical rate of substitution as Y d. none of the previous statements is correct.
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