Cobb-Douglas Production Function

Welcome to the Cobb-Douglas Production Function category at Questions LLC! Here, you will find a compilation of questions and answers dedicated to understanding one of the most widely used mathematical models in economics – the Cobb-Douglas Production Function. Whether you are a student, researcher, or simply curious about this fundamental concept, this category is designed to provide you with insights, explanations, and clarifications pertaining to the Cobb-Douglas Production Function. Dive into the questions and expand your knowledge on this essential component of economic theory and analysis.

Questions (6)

Suppose that an economic production function cobb-douglas with parameter alpha = 0.3a) what fraction of income do capital and
1. 1 answer
2. asked by Evaristi Paulo
3. 107 views
A Cobb-Douglas production function for new company is given by f(x,y)  50x 2 5 y 3 5 where x represents the units of
1. 1 answer
2. asked by Sam
3. 925 views
Cobb-Douglas Production functionY=60K^1/3 L^2/3 If K=64 L=8 calculate MPL What is the equilibrium real wage in the economy
1. 1 answer
2. asked by Julie
3. 1,031 views
A company has a Cobb-Douglas production function f(x,y)= 20x^0.33y0.67 where x is the utilization of labor and y is the
1. 4 answers
2. asked by dino
3. 497 views
Economists have found that a good approximation of value added production ntion is given by Y=TFP*(K^alpha)*(L^-alpha)TFP is
1. 1 answer
2. asked by joe
3. 536 views
PLEASE CHECK AND CORRECT MY ANSWERS!!!!MRTS = marginal rate of technical substitution RTS = returns to scale MP = marginal
1. 2 answers
2. asked by Anonymous
3. 1,151 views