If the production function is f(x, y)= x + min{x, y}, then there are constant returns to scale.
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Q1: If there are constant returns to scale,
Q2: A firm has the production function f(x,
Q4: If the production function is f(x, y)=
Q5: Which of the following production functions exhibit
Q6: A production isoquant is a locus of
Q7: In any production process, the marginal product
Q8: If the production function is f(x, y)=
Q9: The production function f(x, y)= x2/3+ y2/3
Q10: A firm's production function is f(x1, x2)=
Q11: If there is one input used in
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