The Cobb-Douglas Function

Vikram Dayal

Chapter Chapter 6 in An Introduction to R for Quantitative Economics, 2015, pp 39-43 from Springer

Abstract: Abstract We use the mosaic package to view a two input function—the Cobb-Douglas function—from different angles. We see how in the Cobb-Douglas production function output as a function of labour changes as we change the amount of capital or the level of technology. We see how we can graph isoquants.

Keywords: Mosaic package; Cobb-Douglas production function (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1007/978-81-322-2340-5_6

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