Elasticity of Substitution =1 in case of Cobb-Douglas Production Function

Ever wondered why the Elasticity of Substitution is equal to one when it comes to Cobb-Douglas Production Function? The video explains the concept using mathematical derivation.

2 thoughts on “Elasticity of Substitution =1 in case of Cobb-Douglas Production Function”

  1. I’m really impressed with your writing skills as well as with the layout on your weblog.
    Is this a paid theme or did you modify it yourself?

    Anyway keep up the excellent quality writing, it is rare to see a great blog like this one nowadays.

    Also visit my page – vpn special coupon

Leave a Comment

Your email address will not be published.

Shopping cart0
There are no products in the cart!
Continue shopping
0
Scroll to Top