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Which of the following profit functions exhibits a Leontiefproduction function? Multiple Choice\pi =P\timesK^(0.75)L^(0.50)-20L-35K\pi =P\timesmin(2L,5K)-20L-35K\pi =P\times...

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Economics

Which of the following profit functions exhibits a Leontiefproduction function? Multiple Choice

\pi =P\timesK^(0.75)L^(0.50)-20L-35K\pi =P\timesmin(2L,5K)-20L-35K\pi =P\times (3K4L)-20L-35K\pi =P\times (3K^(0.5)4L^(0.5))^((1)/(03))-20L-35K
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