Question
Five friends - A, B, C, D, and E - are sitting in a
row. A is to the left of B, but to the right of E. C is between A and D. Who is sitting in the middle?Solution
Explanation: Based on the given information:
- A is to the left of B but to the right of E, so the order is E, A, B.
- C is between A and D, so the final arrangement is E, A, C, D, B.Thus, C is sitting in the middle.
For Cobb-Douglas production function the elasticity of substitution is
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