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Business, 23.10.2019 03:00 aprilkenedy12

The primary purpose of the cobb-douglas power function is to: a. allow one to make estimates of cost-output relationships. b. aid one in gaining accurate empirical values for economic variables. c. calculate a short-run linear total cost function. d. a and b e. allow one to make predictions about a resulting increase in output for a given increase in the inputs.

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The primary purpose of the cobb-douglas power function is to: a. allow one to make estimates of cos...
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