kellimcollier5244 kellimcollier5244
  • 15-02-2024
  • Business
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Suppose we are given the constant returns-to-scale CES production function q ¼ ½k rho þ l rho 1=rho .Show that RTS ¼ ðl=kÞ1rho ; use this to show that σ ¼ 1=ð1 rhoÞ:

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