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Cataloged Resource Summary

 

Title

The Elasticity of Substitution

Category

Production and Firm Behavior

Type

Article

Description

This article covers measuring substitutability, elasticity of substitution under constant returns to scale, Cobb-Douglas production functions, constant elasticity of substitution (CES) production functions, and elasticities of substitution in multi-input cases.

URL

http://cepa.newschool.edu/het/essays/product/elastic.htm

Home URL

http://cepa.newschool.edu/het/
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