Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Cobb Douglas Production Function

Cobb Douglas Production Function

Cobb Douglas Production Function is the special form of production function that show the technological relationship between amount of two or more inputs and the amount of output produced by these inputs. The general form of Cobb Douglas Production Function is: Q=AK^α L^β N^λ T^γ… where, Q=Output Produced; A=Total Factor Productivity; K=Capital; L=Labour; N=Land; T=Technology... Continue Reading →



This post first appeared on I Am E-Learner, please read the originial post: here

Share the post

Cobb Douglas Production Function

×

Subscribe to I Am E-learner

Get updates delivered right to your inbox!

Thank you for your subscription

×