What does Constant Elasticity of Substitution mean?

Definitions for Constant Elasticity of Substitution
con·stant elas·tic·i·ty of sub·sti·tu·tion

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Wikipedia

  1. Constant elasticity of substitution

    Constant elasticity of substitution (CES), in economics, is a property of some production functions and utility functions. Specifically, it arises in a particular type of aggregator function which combines two or more types of consumption goods, or two or more types of production inputs into an aggregate quantity. This aggregator function exhibits constant elasticity of substitution.

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Numerology

  1. Chaldean Numerology

    The numerical value of Constant Elasticity of Substitution in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of Constant Elasticity of Substitution in Pythagorean Numerology is: 7

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"Constant Elasticity of Substitution." Definitions.net. STANDS4 LLC, 2024. Web. 19 Jun 2024. <https://www.definitions.net/definition/Constant+Elasticity+of+Substitution>.

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