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What is Cobb Douglas Function

Chapter 99
Encyclopedia of Business Analytics and Optimization
Mathematical relationship between the amounts of two or more inputs and the output (such as between goals and social welfare, or between policy instruments and social cost).
Published in Chapter:
Global Optimization of Economic and Social Policy
Sten A. Thore (IC2 Institute (Innovation, Creativity, Capital), University of Texas at Austin, USA)
Copyright: © 2014 |Pages: 10
DOI: 10.4018/978-1-4666-5202-6.ch099
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