Question: Consider the following production function: KL Hmm=K+D Does it display constant returns to scale? Does it display diminishing marginal returns to capital and labor? Explain

Consider the following production function: KL Hmm=K+D Does it display constant

returns to scale? Does it display diminishing marginal returns to capital and

Consider the following production function: KL Hmm=K+D Does it display constant returns to scale? Does it display diminishing marginal returns to capital and labor? Explain

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