5 TermsHome > Terms > English, UK (UE) > Cobb-douglas function
Cobb-douglas function
A popular functional form for production and utility functions. With arguments X = (X1,. . . ,Xn), the function is F(X) = AiXii, where ii = 1 and A are positive constants. This function has elasticity of substitution between arguments equal to one. As a production or utility function, it has competitive expenditure shares equal to i.
This is auto-generated content. You can help to improve it.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: International economics
- Company: University of Michigan
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: Zoology Category: Zoological terms
phylum placozoa
Macroscopic, flattened marine animals, composed of ventral and dorsal epithelial layers enclosing ...
Industry/Domain: Zoology Category: Zoological terms
phylum cnidaria
Cnidarians. Hydras, hydroids, jellyfish, sea anemones, and corals. Free-swimming or sessile, with ...
Industry/Domain: Accounting Category: Auditing
share a term with millions
Share a term with millions of users around the world and increase your online visibility.Share a ...
oak
Genus native to the Northern Hemisphere with spirally arranged leaves, catkins for flowers and ...
Everest
The last but not least mount Everest. The Earth's highest mountain, with a peak at 8,848 metres ...
Industry/Domain: Plants Category: General plants
aglaonema
Genus of about 20 species of usually rhizomatous, evergreen perennials from tropical forest in Asia. ...
Industry/Domain: Science Category: General science
Robojelly
Robojelly is a hydrogen-powered robot desgined in the United States that moves through the water ...
Industry/Domain: People Category: Entrepreneurs
Ferdinand Porsche
Ferdinand Porsche (3 September 1875 – 30 January 1951) was an Austrian-German automotive engineer ...
Industry/Domain: Broadcasting & receiving Category: News
Marzieh Afkham
Marzieh Afkham, who is the country’s first foreign ministry spokeswoman, will head a mission in east ...
Industry/Domain: Accounting Category: Auditing
define1
Share a term with millions of users around the world and increase your online visibility.Share a ...
Contributor
Featured blossaries
Browers Terms By Category
- Air conditioners(327)
- Water heaters(114)
- Washing machines & dryers(69)
- Vacuum cleaners(64)
- Coffee makers(41)
- Cooking appliances(5)
Household appliances(624) Terms
- Dictionaries(81869)
- Encyclopedias(14625)
- Slang(5701)
- Idioms(2187)
- General language(831)
- Linguistics(739)
Language(108024) Terms
- ISO standards(4935)
- Six Sigma(581)
- Capability maturity model integration(216)
Quality management(5732) Terms
- Plastic injection molding(392)
- Industrial manufacturing(279)
- Paper production(220)
- Fiberglass(171)
- Contract manufacturing(108)
- Glass(45)
Manufacturing(1257) Terms
- Ceramics(605)
- Fine art(254)
- Sculpture(239)
- Modern art(176)
- Oil painting(114)
- Beadwork(40)