Question: (A) Determine whether the production function displays constant, increasing, or decreasing returns to scale. (B) Each hour the rm needs to produce Q units of

(A) Determine whether the production function displays constant, increasing, or decreasing returns to scale. (B) Each hour the rm needs to produce Q units of output to ship to their customers. Write out the rm's cost minimization problem. Be explicit in specifying the choice variab1e(s) and the constraint. Suppose a firm has the following production function: F (K, L) = AK- LE

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