'Inputs double outputs' presentation slideshows

Cobb – Douglas Production Function: Y = K a L (1-a) a < 1, say a = kapital share of Y = 1/3

Cobb – Douglas Production Function: Y = K a L (1-a) a < 1, say a = kapital share of Y = 1/3. Show constant returns to scale: Double both inputs  Double outputs Show decreasing returns to capital: Double capital but leave labor constant  dY/dK=? Show decreasing returns to labor:

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