Suppose that the production function is fx1x2 xa1 xa2b
Suppose that the production function is f(x1,x2) = (xa1 +xa2)^b, where a and b are positive constants. For what values of a and b is there a diminishing technical rate of substitution?
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suppose that the production function is fx1x2 xa1 xa2b where a and b are positive constants for what values of a and b
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