Which of the Following Utility Functions Is an Example of Cobb-Douglas

question 38

Multiple Choice

Which of the following utility functions is an example of Cobb-Douglas preferences?

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Definitions:

Quakers

A religious group formally known as the Religious Society of Friends, known for their pacifism, simplicity in lifestyle, and strong commitment to social justice.

Divinity

The study of Christian theology, beliefs, and practices, often pursued in preparation for ministry or academic research in religion.

Slavic Peoples

Ethnic groups native to Europe and Asia, most numerously populating Eastern Europe, Russia, and parts of the Balkans, recognizable by their use of Slavic languages.

Roman Empire

An ancient empire centered around the city of Rome, known for its engineering achievements, legal system, military conquests, and pivotal role in shaping Western civilization.