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a. The marginal product of an input divided by the average product of that input is constant.
b. The exponents will sum to one if returns to scale are constant.
c. Linear regression can be used to estimate the parameters of the function.
d. All of the above are characteristics of the Cobb-Douglas production function.
My answer is an option (D) All of the above
d. the correct answer..............................................
(D) Thank You.
My Choose IS Option " D "
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I agree with experts choice
My Choose IS Option " D "
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d. All of the above are characteristics of the Cobb-Douglas production function. .........................................................................
The answer is : Option ( D )
I choose option d .........................................................................................................................................