=+d. For any CobbDouglas function f1,, k2 5 A, bak b112a2 , the CES production function g1,,

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=+d. For any Cobb–Douglas function f1,, k2 5 A, bak b112a2

, the CES production function g1,, k2 5 A1a, 2r 1 11 2 a2k 2r 2 2b/r converges to f as r approaches 0. What values for A,

a, and b will do this for the production function x 5 30, 0.2k 0.6?

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Microeconomics An Intuitive Approach With Calculus

ISBN: 9781337335652,9781337027632

2nd Edition

Authors: Thomas Nechyba

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Question Posted: Nov 04, 2024 09:00 AM

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=+d. For any CobbDouglas function f1,, k2 5 A, bak b112a2 , the CES production function g1,,

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Microeconomics An Intuitive Approach With Calculus

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