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The Production Function of the Form Y=K1/2L1/2Y = K ^ { 1 / 2 } L ^ { 1 / 2 }

question 104

True/False

The production function of the form Y=K1/2L1/2Y = K ^ { 1 / 2 } L ^ { 1 / 2 }
exhibits constant returns to scale.


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