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MarilouBec MarilouBec
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3 years ago
If a Cobb-Douglas production function has alpha = 0.34 and beta = 0.42, then a 1% increase in inputs results in a(n) ________ change in output.

▸ 0.8%

▸ 8%

▸ 0.76%

▸ -0.76%
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Managerial Economics and Strategy

Managerial Economics and Strategy


Edition: 3rd
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LindsayLafLindsayLaf
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3 years ago
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MarilouBec Author
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3 years ago
Thanks
Smair87
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Yesterday
Helped a lot
hannahspillett
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2 hours ago
this is exactly what I needed
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