[Solved] For the Cobb-Douglas Production Function F(L,K)= ALαKβ,a Technical Change That

Question 62
Multiple Choice

For the Cobb-Douglas production function F(L,K)= ALαKβ,a technical change that increases the productivity of capital would be represented by:

A) an increase in the value of α.
B) an increase in the value of β.
C) values of α and β for which β > α.
D) an increase in the value of A.

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