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In Cobb Douglas Production of functions, the elasticity of Substitutions is :

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Question:

In Cobb Douglas Production of functions, the elasticity of Substitutions is :

A.

greater than one

B.

equal to one

C.

less than one

D.

None of these

Answer» b. equal to one

Note: The above multiple-choice question is for all general and Competitive Exams in India.