Economics · Microeconomics
Match List-I (Types of Production Functions) with List-II (Their Functional Forms): List-I (A) Translog Production Function (B) Generalised Leontief Production Function (C) Cobb Douglas Production Function (D) Constant Elasticity of Substitution (CES) Production Function List-II i. q = ∏i=1n xiαi ii. q = [∑ αi xiρ]1/ρ, ρ ≤ 1 iii. q = ∑i=1n ∑j=1n αij √(xixj), where αij = αji iv. ln q = α0 + ∑i=1n αi ln xi + 0.5 ∑i=1n ∑j=1n αij ln xi ln xj, where αij = αji
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(A)-(II), (B)-(I), (C)-(III), (D)-(IV)
- 2(A)-(III), (B)-(II), (C)-(I), (D)-(IV)
- 3(A)-(IV), (B)-(III), (C)-(I), (D)-(II)✓
- 4(A)-(III), (B)-(IV), (C)-(I), (D)-(II)
Correct answer
(A)-(IV), (B)-(III), (C)-(I), (D)-(II)
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