Cobb-Douglas production function is stated as:

CA Foundation · Business Economics · PYQS · January 2025
Cobb-Douglas production function is stated as:
(A) A. Q=K α L (1-α)
(B) B. Q=K (1-α) L α
(C) C. Q=KL (1-α) C
(D) D. Q=KL α C (1-α)

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Q=K (1-α) L α

Topics: Theory of Production and Cost

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