Question: The production function is given by: F(L,K)=LK^2 . Then, this function exhibits: Multiple Choice increasing MPL, increasing MPK and decreasing returns to scale constant MPL,

The production function is given by: F(L,K)=LK^2 . Then, this function exhibits: Multiple Choice increasing MPL, increasing MPK and decreasing returns to scale constant MPL, increasing MPK and decreasing returns to scale constant MPL, decreasing MPK and decreasing returns to scale None of the above

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