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Business, 27.03.2020 18:14 Asodo6483

If the production function of ideas is as follows: then the function exhibits:

a. Increasing returns to the ideas stock but decreasing returns overall
b. Constant returns to the ideas stock and labor
c. Decreasing returns to the ideas stock but increasing returns overall
d. Decreasing returns to the ideas stock and labor

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Answers: 3

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If the production function of ideas is as follows: then the function exhibits:

a. Increa...
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