What does cobb–douglas production function mean?
Definitions for cobb–douglas production function
cob·b–·dou·glas pro·duc·tion func·tion
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Wikipedia
Cobb–Douglas production function
In economics and econometrics, the Cobb–Douglas production function is a particular functional form of the production function, widely used to represent the technological relationship between the amounts of two or more inputs (particularly physical capital and labor) and the amount of output that can be produced by those inputs. The Cobb–Douglas form is developed and tested against statistical evidence by Charles Cobb and Paul Douglas between 1927 and 1947; according to Douglas, the functional form itself was developed earlier by Philip Wicksteed.
Numerology
Chaldean Numerology
The numerical value of cobb–douglas production function in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of cobb–douglas production function in Pythagorean Numerology is: 5
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"cobb–douglas production function." Definitions.net. STANDS4 LLC, 2024. Web. 7 Dec. 2024. <https://www.definitions.net/definition/cobb%E2%80%93douglas+production+function>.
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