Cobb-Douglas production function and costs minimization problem — Mark Bounthavong
SOLVED: 'Cobb-Douglas production function for new company is given by F(K,L) = K3/5L2/5 where K represents the units of capital and L represents the units of labor: Suppose units of labor and
![microeconomics - How can I prove $U(x) = [𝛼_1𝑥_1^𝜌+𝛼_2𝑥_2^𝜌]^{(1/𝜌)}$ is equal to Cobb-douglas Utility function when $𝜌\rightarrow0$ - Economics Stack Exchange](https://i.stack.imgur.com/ZgsW1.png "microeconomics - How can I prove $U(x) = [𝛼_1𝑥_1^𝜌+𝛼_2𝑥_2^𝜌]^{(1/𝜌)}$ is equal to Cobb-douglas Utility function when $𝜌\rightarrow0$ - Economics Stack Exchange")
microeconomics - How can I prove $U(x) = [𝛼_1𝑥_1^𝜌+𝛼_2𝑥_2^𝜌]^{(1/𝜌)}$ is equal to Cobb-douglas Utility function when $𝜌\rightarrow0$ - Economics Stack Exchange
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![大學Micro] Utility maximization - Cobb-Douglas Utility (Lagrange multiplier) - YouTube](https://i.ytimg.com/vi/pWZ4H6z5I6k/maxresdefault.jpg "大學Micro] Utility maximization - Cobb-Douglas Utility (Lagrange multiplier) - YouTube")
大學Micro] Utility maximization - Cobb-Douglas Utility (Lagrange multiplier) - YouTube
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Solved b. Now instead of Cobb Douglas, consider the | Chegg.com
