Suppose that the production function is Q=F(K,L)={{L}^{3/4}}{{K}^{1/4}}. What is the marginal produc
Question: Suppose that the production function is \(Q=F\left( K,L \right)={{L}^{3/4}}{{K}^{1/4}}\). What is the marginal product of labor? Does this production function have increasing, constant or decreasing returns to scale?
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Deliverables: Word Document
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