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Refer to the Following Figure When Answering
Figure α\alpha

question 96

Multiple Choice

Refer to the following figure when answering
Figure 4.1: Production Function  Refer to the following figure when answering   Figure 4.1: Production Function   -Consider Figure 4.1. The shape of this production function suggests that  \alpha  in the production function  Y = K ^ { \alpha } L ^ { 1 - \alpha }  is: A)  equal to one B)  greater than one C)  equal to zero D)  less than one E)  Not enough information is given.
-Consider Figure 4.1. The shape of this production function suggests that α\alpha in the production function Y=KαL1αY = K ^ { \alpha } L ^ { 1 - \alpha } is:


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