Which among the following production function will exhibit both Hicks and Harrod technical progress ?

Which among the following production function will exhibit both Hicks and Harrod technical progress ?

(1) Leontieff production functions

(2) Cobb - Douglas production functions

(3) ACMS production functions

(4) None of the above



Answer: (2) Cobb - Douglas production functions

No comments:

Post a Comment

Copyright © MCQ LOG. All rights reserved. Template by CB