Which of the Following Production Functions Exhibits a Constant Elasticity $q = k ^ { 0~5 } l ^ { 0~5 }$

question 6

Multiple Choice

Which of the following production functions exhibits a constant elasticity of substitution?

• A)q = 3k + 2l.
• B) \(q = k ^ { 0~5 } l ^ { 0~5 }\) .
• C) \(q = l - \frac { l } { k } - \frac { l } { l }\) .
• D)All of these production functions have a constant elasticity of substitution.