Question

In CES production function, the elasticity of substitution between two inputs is:
a) Increases continuously
b) Remains constant
c) Decreases continuously
d) None of the above
Answer
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Answer 1

Answer:

remains constant

Explanation:

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Answer 2

Answer:

b) Remains constant

Explanation:

In CES production function, the elasticity of substitution between two inputs is:Remains constant