The Cobb-Douglas production function is based on the empirical study of the American manufacturing industry made by Paul H. Douglas and C.W. Cobb. It is a linear homogeneous production function of degree one which takes into account two inputs, labour and capital, for the entire output of the manufacturing industry.

Logic & Mathematics +3 more

by AKSHAT RAO PATIL

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This is one of the most important result keeping in view the exam perspective... It's already repeat in previous examinations

mathematical applications

by Ishant Goel

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