Determine the production functions

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Determine whether each of the production functions below displays constant returns to scale. Justify your answer. (Hint: You can prove constant returns to scale by doubling the inputs and checking to see if output exactly doubles) (a) Y = K0.8N0.8 (b) Y = 3K2 + 4N2 (c) Y = 10KN

Reference no: EM132506672

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