(a)

(b)

(c)

-Refer to Exhibit 9-3. Which graphs shows a cost function for a Cobb-Douglas production function with constant returns to scale?
A) (a)
B) (b)
C) (c)

Name: (a) (b) (c) -Refer to Exhibit 9-3. Which graphs shows a cost function for a Cobb-Douglas production function with constant returns to scale? A) (a) B) (b) C) (c)
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Question

(a)
  
(b)
  
(c)
 
-Refer to Exhibit 9-3. Which graphs shows a cost function for a Cobb-Douglas production function with constant returns to scale?
A) (a) 
B) (b) 
C) (c)

Quizplus · Accepted Answer

The graph shows a straight line with a positive slope, which is the characteristic of a Cobb-Douglas production function with constant returns to scale.

(A) (B)(C)-Refer to Exhibit 9-3. Which Graphs Shows a Cost Function