Question: please help answer this 1. {4 points) Do the following production functions exhibit increasing, constant, or decreasing returns to scale in K and N? Assume

 please help answer this 1. {4 points) Do the following production

please help answer this

functions exhibit increasing, constant, or decreasing returns to scale in K and

1. {4 points) Do the following production functions exhibit increasing, constant, or decreasing returns to scale in K and N? Assume z > 0 is a constant and make sure to show your work. Y = zK2/3N2/3 Y = K1/3N1/2 Y = K + N Y = K1/3N2/3 + z 9957'!\

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