According to Cobb-Douglas production function, labor income is the labor's share of total income. True or false?

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According to Cobb-Douglas production function, labor income is the labor's share of total income.

True or false?

Posted Date: Jun 14, 2024 02:21 AM

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According to Cobb-Douglas production function, labor income is the labor's share of total income. True or false?

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