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Author Question: Most new settlement in the West came from homesteads. Indicate whether the statement is true or ... (Read 26 times)

CQXA

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on: Jun 30, 2018
Most new settlement in the West came from homesteads.
 
  Indicate whether the statement is true or false

Question 2

The production function Y = AKL1- exhibits
 
  a. constant returns to scale.
  b. diminishing marginal returns to scale.
  c. increasing returns to scale.
  d. decreasing returns to scale.
  e. both a and b.


parker125

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

E


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