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The production function has been specified as follows: a. lnQ=+lnK+lnK+ b. lnQ=+K+K+ c. Q=+lnK+lnK+ Provide interpretation to the slope coefficient from a, b and c.
The production function has been specified as follows:
a. lnQ=+lnK+lnK+
b. lnQ=+K+K+
c. Q=+lnK+lnK+
Provide interpretation to the slope coefficient from a, b and c.
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