Mathematics
Mathematics, 17.09.2021 19:50, punani

(2) If the production function f(K, L)=4*K^m*L^1/3+3K
is homogeneous, state the value of (m.) Does the function display decreasing, constant or increasing returns to scale?

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Answers: 1

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(2) If the production function f(K, L)=4*K^m*L^1/3+3K
is homogeneous, state the value of (m....

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