Question: I am studying for my upcoming test and need help finding the correct answer with work given. Thank you :) 3) Let production function be

I am studying for my upcoming test and need help finding the correct answer with work given. Thank you :)

3) Let production function be as follow: q(L, K) = (L3 + K3)1/3 a) Does this production function represent increasing, decreasing or constant return to scale? Show your work. (6 points) b) Derive the lsoquant curve for 10 units of output. (8 points) c) Derive MRTS. (6 points)

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