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Consider the following CES production function: f ( x 1 , x 2 ) = A ( x 1 + (1 ) x 2 )
- Consider the following CES production function:f(x1,x2) =A(x1+ (1 ) x2)2. Which of these can be said about this production function?
- a.CRS
- b.DRS
- c.IRS
- d.Not enough information
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Macroeconomics A European Perspective
Authors: Olivier Blanchard, Alessia Amighini, Francesco Giavazzi
4th Edition
1292360895, 9781292360898
