I have seen it stated that Proj of any graded ring A, finitely generated as an A0-algebra, is isomorphic to Proj of a graded ring B such that B0=A0 and B is generated as a B0-algebra by B1.
Could someone either supply a reference for or a sketch a proof of this statement?
Note: An obvious approach to this question is to make B a Veronese subring of A. However, when I try this approach, I end up getting a terrible combinatorics problem that I do not know how to approach.
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