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Cobb-Douglas Production Function
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日期：2025-10-07
And finally, P(L,K 0) = C 1(K 0)Lα (1) where C 1(K 0) is the constant of integration and we write it as a function of K 0 since it could depend on the value of K 0. Similarly, assumption 3 says that ∂P ∂K = β P K Keeping L constant(L = L 0), this different...看更多
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