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    5. For fixed proportion production function, the elasticity of substitution is

    Question

    For fixed proportion 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 0 Correct Answer Incorrect Answer
    D Equal to 1 Correct Answer Incorrect Answer
    E None Correct Answer Incorrect Answer

    Solution

    Practice Next
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