Question: For the production function given by Q = x a y b , where a > 0 and b > 0, show that In particular,

For the production function given by Q = xayb, where a > 0 and b > 0, show that


ag + ax aQ = (a + b)Q


In particular, if b = 1 − a with 0


image

ag + ax aQ = (a + b)Q

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