A Cobb-Douglas Production Function Is

question 84

Multiple Choice

A Cobb-Douglas production function is

• A) a production function for the textile industry.
• B) a particular production function that fits the data well.
• C) a production function applicable in the service industry.
• D) the production function that Henry Ford applied in his firm.

---

Definitions:

Hypotenuse

The longest side of a right-angled triangle, opposite the right angle, calculated with the Pythagorean theorem.

Inches

A unit of length in the British imperial and United States customary systems of measurement, equal to 1/12 of a foot.

Hypotenuse

The longest side of a right-angled triangle, opposite the right angle, calculated as the square root of the sum of the squares of the other two sides.

Right Angle

An angle of 90 degrees.