Question

when does the
cobb douglas production exhibits

​

Answer 1

Answer:

FIRST=आश्रम mx player pe hai ja ke dekho.......

kashipur waale baba ki jai ho...

जप नाम....जप नाम....

F

O

L

L

O

W

M

E

Explanation:

FIRST=आश्रम mx player pe hai ja ke dekho.......

kashipur waale baba ki jai ho...

जप नाम....जप नाम....

F

O

L

L

O

W

M

E

Answer 2

The Cobb Douglas production function {Q(L, K)=A(L^b)K^a}, exhibits the three types of returns: If a+b>1, there are increasing returns to scale. For a+b=1, we get constant returns to scale. If a+b<1, we get decreasing returns to scale.