Business, 30.10.2019 00:31 ijohnh14

Is it possible that a firm's production function exhibits increasing returns to scale while exhibiting diminishing marginal productivity of each of its inputs? to answer this question, calculate the marginal productivities of capital and labor for the production of crocs using the production function, qequalsaupper l superscript a baseline upper k superscript bequals21.5upper l superscript 0.85upper k superscript 0.5.

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Business, 21.06.2019 21:30

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Business, 21.06.2019 23:30

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Business, 22.06.2019 11:30

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Is it possible that a firm's production function exhibits increasing returns to scale while exhibiti...

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