Show that the Cobb-Douglas function Q = bK L 1 where 0 < < 1
Question:
Show that the Cobb-Douglas function
Q = bKαL1−α where 0 < α < 1
satisfies the equation
Transcribed Image Text:
до K дк +1001 = 0
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Related Book For
Applied Calculus
ISBN: 9781119275565
6th Edition
Authors: Deborah Hughes Hallett, Patti Frazer Lock, Andrew M. Gleason, Daniel E. Flath, Sheldon P. Gordon, David O. Lomen, David Lovelock, William G. McCallum, Brad G. Osgood, Andrew Pasquale
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