Consider a production function whose equation is given by the formula which has corresponding marginal products, and

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Consider a production function whose equation is given by the formula which has corresponding marginal products, and Show that the elasticity of substitution for this production function is exactly equal to 1, no matter what the values of K and L are.

Consider a production function whose equation is given by the
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Microeconomics

ISBN: 978-0073375854

2nd edition

Authors: Douglas Bernheim, Michael Whinston

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