For the CES production function q (aL 1 a K ) d , does AP L L have an unambiguous sign ...

For the CES production function q = (aL + [1 - a]K ) d/ ,

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For the CES production function q = (aL^ρ + [1 - a]K^ρ)^d/ρ, does ∂AP_L/∂L have an unambiguous sign?

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Microeconomics Theory and Applications with Calculus

ISBN: 978-0133019933

3rd edition

Authors: Jeffrey M. Perloff

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Question Posted: Sep 21, 2024 05:17 AM

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For the CES production function q = (aL + [1 - a]K ) d/ , does AP L /L have an unambiguous sign?
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For the CES production function q = (aL + [1 - a]K ) d/ ,

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Microeconomics Theory and Applications with Calculus

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