Economics · Production Functions
Match the following production functions with their corresponding mathematical functional forms: 💡 List-I (Types of Production Functions) (A) Translog Production Function (B) Generalized Leontief Production Function (C) Cobb-Douglas Production Function (D) CES Production Function 📝 List-II (Functional Forms) (I) q = A ∏i=1n xiαi (II) q = (∑ αi xiρ)1/ρ (III) q = ∑i=1n ∑j=1n αij xi1/2 xj1/2 (IV) ln q = α0 + ∑ αi ln xi + 12 ∑ ∑ γij ln xi ln xj
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(A)-(III), (B)-(IV), (C)-(I), (D)-(II)
- 2(A)-(IV), (B)-(III), (C)-(I), (D)-(II)✓
- 3(A)-(III), (B)-(II), (C)-(I), (D)-(IV)
- 4(A)-(II), (B)-(I), (C)-(III), (D)-(IV)
Correct answer
(A)-(IV), (B)-(III), (C)-(I), (D)-(II)
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