Question: Please advise, need your help, thanks! Consider a production function of two inputs, y = f (1, 2 2). Assume that the marginal product of

Please advise, need your help, thanks!

Consider a production function of two inputs, y = f (1, 2 2). Assume that the marginal product of each input is positive and declining as more of the input is used. Suppose also the production function exhibits constant returns to scale. Now suppose that both x1 and a2 decrease by 20%. Given this information, we know that the output (y) will O decrease by less than 20% O decrease by more than 20% O decrease by exactly 20% O not change

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