Ayushi Asked a Question
August 11, 2020 5:09 pmpts 30 pts
64. For given production function P=p (K, L) under Constant Returns to Scale, Eulers theorem will be (1) P- dK+d OL aP (2) PdK +d (3) PdK +dL (4) PdK aL . 65. If y=|1+, then dx dx log(x+1)-ei
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  • Nidhi taparia thankyou
    64. The correct answer is (1). The Euler's theorem is also known as product exhaustion theorem. According to it, total product if distributed among factors of production based on ...
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