In the Cobb-Douglas production function given as: Q = A L a k 1-a the share of labour in total production is:
CA Foundation · Business Economics · MTP · June 2024
In the Cobb-Douglas production function given as: Q = A L a k 1-a the share of labour in total production is:
Suggested Answer and Working Notes:
Correct Answer: Option (A)
A. a
Topics: Theory of Production and Cost