Question: Suppose Q = 2KL. Does this production function exhibit increasing, decreasing or constant returns to scale? What about Q = K + L? Consider again

Suppose Q = 2KL. Does this production function exhibit increasing, decreasing or constant returns to scale? What about Q = K + L? Consider again Q = 2KL. What is the marginal rate of technical substitution? What if Q = K + L?

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