A significant property of Cobb Douglas production function is that the elasticity of substitution between inputs is

Related MCQs

• If the cross-price elasticity between two goods is negative, the two goods are likely to be:
• CES production function is
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• When a firm doubles its inputs and finds that its output has more than doubled, this is known as:
• The price elasticity of demand is defined as
• If the income elasticity of demand for a good is negative, it must be:
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