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Suppose the production function is y=f(K,L)=K 3 L, where K is capital input and L is labor input, K>0, L>0. What are the marginal products

Suppose the production function is y=f(K,L)=K3L, where K is capital input and L is labor input, K>0, L>0.

  1. What are the marginal products of capital and labor repectively?
  2. Calculate the technical rate of substitution(assume K is on the horizontal axis).
  3. Dose this production function show diminishing technical rate of substitution(in absolute value) when K increases? Please give a brief proof.
  4. Prove that this production function features increasing returns to scale for all t>1, where t is a constant.Please give a brief proof.

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