Question: Consider the following production function: Y = F(K,L)=A(2K+3L) Does this production function exhibit constant returns to scale? (Hint: Replace K and L by 2K and

Consider the following production function:

Y = F(K,L)=A(2K+3L)

Does this production function exhibit constant returns to scale? (Hint: Replace K and L by 2K and 2L, respectively, and check if F(2K,2L) = 2F(K,L).

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