Which of the following is true for the Clark-Wicksteed-Walras product exhaustion theorem?
A. The assumption of a homogeneous production function is necessary.
B. It is an identity that holds for all values of the variables.
C. The assumption of a homogeneous production function is not necessary.
D. It is not an identity since it holds only for the values of the variables in the long-run equilibrium.
E. It holds for all types of production functions.
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