Given that a firm experiences a linear homogenous production function, comment upon the shape of the Expansion path, both in the long run and in the short run.

A linear homogeneous production function, the expansion is always a straight line through the origin, as shown in the figure. This means that the proportions between the factors used will always be the same irrespective of the output levels, provided the factor prices remains constant. COBB – DOUGLAS _______ ______ ____ ____ ____.
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