Consider the CES Production Function

question 55

Multiple Choice

Consider the CES production function .The elasticity of substitution is

• A) 0.3
• B) 1.5
• C) 0.67
• D) 3.00

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Definitions:

Organizational Trends

The patterned changes or developments within organizations, often influenced by innovations, market dynamics, and cultural shifts.

Technical Skills

Practical abilities and knowledge required to perform specific tasks, especially related to operating machines, software, or instruments in various fields.

Gross Motor Skills

These are the abilities required to control the large muscles of the body for walking, jumping, balancing, and other physical activities.

Interpersonal Skills

Abilities and traits that facilitate effective communication and interaction with other people.