Question: 13.3 Returns to Scale For the following functions, determine whether they have increasing, decreasing, or constant returns to scale. (a) f(x1, 12) = .20142 1/4

13.3 Returns to Scale For the following functions, determine whether they

13.3 Returns to Scale For the following functions, determine whether they have increasing, decreasing, or constant returns to scale. (a) f(x1, 12) = .20142 1/4 3/4 (b) f (21, 12) = 21 2

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