In Cobb-Douglas production function, the constants represent:

CA Foundation · Business Economics · MTP · September 2026
In Cobb-Douglas production function, the constants represent:
(A) A. prices of inputs
(B) B. units of output
(C) C. technological parameters
(D) D. marginal productivity

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. prices of inputs

Topics: Theory of Production and Cost

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