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Which of the Following Profit Functions Exhibits a Cobb-Douglas Production π\pi

Question 45

Multiple Choice

Which of the following profit functions exhibits a Cobb-Douglas production function?


A) π\pi = P x K0.75L0.50 - 20L - 35K.
B) π\pi = P x min(2L, 5K) - 20L - 35K.
C) π\pi = P x (3K + 4L) - 20L - 35K.
D) π\pi = P x (3K0.5 + 4L0.5) 1/0.2 - 20L - 35K.

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