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The Cobb-Douglas production function takes the form (for 0<a<1):

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The Cobb-Douglas production function takes the form (for 0<a<1):

Y = A KL

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Y = A K^1-^aL¹⁺^a

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Y = A K^aL^1-^a

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Y = A K^aL¹⁺^a

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