Which of these is the formula for the Cobb-Douglas production function?
P
=
min
(
A
L
,
B
K
)
\displaystyle {P}=\min{\left({A}{L},{B}{K}\right)}
P
=
min
(
A
L
,
B
K
)
P
=
A
L
+
B
K
\displaystyle {P}={A}{L}+{B}{K}
P
=
A
L
+
B
K
P
=
A
L
α
K
β
\displaystyle {P}={A}{L}^{{\alpha}}{K}^{{\beta}}
P
=
A
L
α
K
β
Submit
Try a similar question
License
[more..]