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How do i find the conditional input demand functions

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Reference no: EM132162598

A firm has a production function such that y=KL+2L. The marginal product of K is L, and marginal product of L is K+2.

  • How do I find the conditional input demand functions for K and L?
  • How do I find the cost function?
  • How do I determine if the production function has increasing or decreasing returns to scale?

Reference no: EM132162598

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