Consider the production function 
, where Y is output and X represents inputs. Graph this production function. Does it display decreasing, constant, or increasing returns to scale?
Definitions:
Bankruptcy
A legal status of a person or entity that cannot repay the debts it owes to creditors, often leading to a legal process intended to resolve the outstanding debts.
Joint And Several
A legal term referring to multiple parties being collectively or individually responsible for the entirety of a debt or obligation.
Contract Obligations
Contract obligations are duties that parties are legally bound to perform as specified in a contract agreement.
Marshaling Of Assets
The legal process of prioritizing and organizing a debtor's assets to satisfy the claims of multiple creditors.
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