School of Economics | Cobb–Douglas production function
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11 Sep

Posted at 00:14h in SOE by
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Wire-grid Cobb-Douglas productionsurface with isoquants A two-input Cobb–Douglas production function with isoquants In economics, more precisely econometrics, the Cobb–Douglas production function is a particular functional form of the production function, widely used to represent the technological relationship between the amounts of two or more inputs, particularly physical capital and labor, and the amount of output...