![A significant property of the Cobb - Douglas production function is that the elasticity of substitution between inputs is](https://www.gkseries.com/blog/wp-content/uploads/2022/09/A-significant-property-of-the-Cobb-Douglas-production-function-is-that-the-elasticity-of-substitution-between-inputs-is.png)
Q. A significant property of the Cobb – Douglas production function is that the elasticity of substitution between inputs is:
A. Equal to unity
B. More than unity
C. Less than unity
D. Zero
Answer: Equal to unity
Q. A significant property of the Cobb – Douglas production function is that the elasticity of substitution between inputs is:
A. Equal to unity
B. More than unity
C. Less than unity
D. Zero
Answer: Equal to unity
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