Question: The Cobb - Douglas production function is given by LaTeX: Y : = :AK ^ { alpha } L ^ { 1
The CobbDouglas production function is given by LaTeX: Y::AKalphaLalphaYAKalpha Lalpha Here LaTeX: alphaalpha is a given parameter that satisfies LaTeX: alphaalpha The marginal product of capital is and shows returns to capital. The CobbDouglas production function displays and the level of output per worker can be written as a function of the level of
Group of answer choices
LaTeX: alphafracYKalpha
Y
K
; diminishing marginal; constant returns to scale; capital per worker
LaTeX: leftalpharightfracYKalpha
Y
K
; increasing marginal; decreasing returns to scale; capital per worker
LaTeX: alphafracYKalpha
Y
K
; diminishing marginal; constant returns to scale; technology
LaTeX: alphafracYKalpha
Y
K
; diminishing marThe CobbDouglas production function is given by LaTeX: Y::AKalphaLalphaYAKalpha Lalpha Here LaTeX: alphaalpha is a given parameter that satisfies LaTeX: alphaalpha The marginal product of capital is and shows returns to capital. The CobbDouglas production function displays and the level of output per worker can be written as a function of the level of
Group of answer choices
LaTeX: alphafracYKalpha
Y
K
; diminishing marginal; constant returns to scale; capital per worker
LaTeX: leftalpharightfracYKalpha
Y
K
; increasing marginal; decreasing returns to scale; capital per worker
LaTeX: alphafracYKalpha
Y
K
; diminishing marginal; constant returns to scale; technology
LaTeX: alphafracYKalpha
Y
K
; diminishing marginal; increasing returns to scale; capital per workeginal; increasing returns to scale; capital per workerThe CobbDouglas production function is given by LaTeX: Y::AKalphaLalphaYAKalpha Lalpha Here LaTeX: alphaalpha is a given parameter that satisfies LaTeX: alphaalpha The marginal product of capital is and shows returns to capital. The CobbDouglas production function displays and the level of output per worker can be written as a function of the level of
Group of answer choices
LaTeX: alphafracYKalpha
Y
K
; diminishing marginal; constant returns to scale; capital per worker
LaTeX: leftalpharightfracYKalpha
Y
K
; increasing marginal; decreasing returns to scale; capital per worker
LaTeX: alphafracYKalpha
Y
K
; diminishing marginal; constant returns to scale; technology
LaTeX: alphafracYKalpha
Y
K
; diminishing marginal; increasing returns to scale; capital per worker
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