Consider the following Cobb Douglas production function f ( x 1 x 2 ) x 1 1 3 x 2 2 3 Which of these can be said about this production function a DRS b IRS c CRS d Not enough information

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Consider the following Cobb-Douglas production function: f ( x 1 ; x 2 ) = x 1 1/3 x 2 2/3 Which of these can

Consider the following Cobb-Douglas production function:
f(x₁;x₂) =x₁^1/3x₂^2/3
Which of these can be said about this production function?
a.DRS
b.IRS
c.CRS
d.Not enough information

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