The Cobb-Douglas production function Y = AKαL1-α can be converted into the regression equation:
A) Y = AKαL1-α
B) gY = a · b1 gK · b2 gL
C) Y = A + b1 K + b2 L
D) gY = a + b1 gK + b2 gL
Correct Answer:
Verified
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