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answerhappygod
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- 1 For Each Of The Following Production Functions Check Whether They Are Crs Irs Or Drs A F X1 1 X X B 1 (12.41 KiB) Viewed 10 times
- 1 For Each Of The Following Production Functions Check Whether They Are Crs Irs Or Drs A F X1 1 X X B 2 (12.41 KiB) Viewed 10 times
1. For each of the following production functions, check whether they are CRS, IRS, or DRS. (a) f(x1, 1₂) = x₁ + x₂ (b) f(x1, x2) = 2x₁ + 3x2
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