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    5. For Cobb-Douglas production function the elasticity of substitution is

    Question

    For Cobb-Douglas production function the

    elasticity of substitution is
    A Less than 1 Correct Answer Incorrect Answer
    B Greater than 1 Correct Answer Incorrect Answer
    C Equal to 1 Correct Answer Incorrect Answer
    D None Correct Answer Incorrect Answer
    E Can’t say Correct Answer Incorrect Answer

    Solution

       

    Practice Next
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