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Harman [31]
3 years ago
11

Which of the following is not one of the strengths of the Cobb-Douglas production function?

Business
1 answer:
igomit [66]3 years ago
5 0

Answer:

Option D is correct one.

<u>In Cobb-Douglas production, the return to scale depends on the sum of the exponents.</u>

Explanation:

It shows a production function passing through increasing returns to constant returns and then to decreasing returns.

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