asked 155k views
2 votes
The Cobb-Douglas production function for a particular product is...

A) Quadratic function
B) Linear equation
C) Exponential function
D) Logarithmic function

asked
User Shylux
by
7.3k points

1 Answer

2 votes

Final answer:

The Cobb-Douglas production function is an exponential function.

Step-by-step explanation:

The Cobb-Douglas production function is an example of an exponential function. An exponential function is a mathematical function in which a constant base is raised to a variable exponent. In the case of the Cobb-Douglas production function, the constant base represents the inputs or factors of production, and the variable exponent represents the impact of each input on the overall production output.

answered
User DJDJ
by
8.2k points
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