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Define marginal product of factors k and l in the

Define marginal product of factors K and L in the production function Y = F (K, L).

If the factors are paid according to their marginal product, the economic profit is zero when the production function has the property of constant returns to scale. Explain this statement. Does this mean profit does not exist in the economy?

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Macroeconomics: Define marginal product of factors k and l in the

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