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This document provides a summary of exercises from an intermediate microeconomics review session. 1) The first exercise shows that a production function can have increasing marginal products of capital and labor while also exhibiting a diminishing marginal rate of technical substitution. 2) The second exercise analyzes a production function and finds it exhibits constant returns to scale and a diminishing but never negative marginal product of labor. 3) The third exercise examines another production

Author

Dennis

Language

EN