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Which of the following production function exhibits Economies of Scale? a) Q = K^2 + L b) Q = K^1/2 + L c) Q =
Which of the following production function exhibits Economies of Scale?
a) Q = K^2 + L
b) Q = K^1/2 + L
c) Q = K^1/2 L^1/3
d) Q = K^1/2 L^1/2
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Environmental Economics
Authors: Stephen Smith
6th Edition
0199583587, 9780199583584
