Cobb–Douglas production function

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Science and technology

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What Wikipedia says

In economics and econometrics, the Cobb–Douglas production function is a particular functional form of the production function, widely used to represent the relationship between the amounts of two or more inputs (particularly physical labor and capital) and the amount of output that can be produced by those inputs.

Excerpt from the Wikipedia article “Cobb–Douglas production function”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

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