Practicing Success
"Consider a production function Q = x1α x2ᵝ , where α and ß are constants. The firm produces q amount of output using x1 amount of factor 1 and x2 amount of factor 2. This is called " |
Cobb Douglas production function Engel production function cost function none of above |
Cobb Douglas production function |
The given function is a cobb Douglass production function. |