It is a complete and in detail explanation of CES Production Function. The very fact that you have visited the original article of SMAC speaks at length about your meticulous preparation for the video. You nailed it again.
@lumbanikhembo86753 жыл бұрын
The presentation is just clear absolutely.
@ecoAFTAB3 жыл бұрын
Thank you
@faj3692 жыл бұрын
Thank you very much! This video helped me a lot :)
@prakashsalvi87 Жыл бұрын
Why the sign of rho has negative. Vedio is an excellent one.
@ecoAFTAB Жыл бұрын
Thank you for your kind words.. As the inputs are complimentary in nature the rho has negative sign. it changes for other types of production function (leontif, substitutes).
@sindhulavithayyappa11774 жыл бұрын
Well explained...
@tsiontsi4274 жыл бұрын
Wow thank you sir nice explanation !!! and please equilibrium price and equilibrium quantity ? 🙏🙏
@ecoAFTAB4 жыл бұрын
Yes , its in pipe line. Tsi
@misskanikac92833 жыл бұрын
I wish y Hindi English mix hota ...
@ecoAFTAB3 жыл бұрын
Apko kya samaj mein nahi aya ?
@vinisilva38793 жыл бұрын
Maybe I'm a stupid, a madman guy, but my professor gave to me P(K,L) = 1,47 K^0,4 L^0,6... from what hole he took this 0,4 and 0,6, magic, trick, desire, they're beautiful values???? No one until now has given to me an explanation how to measure this exponents alpha and beta, all exercise statements has vomited these equations with no explanation from where! And the cobb-douglas has a complication factor to alpha and beta sum equal 1, so it is not a simple multiple or exponential regression matter.
@vinisilva38793 жыл бұрын
@@ecoAFTAB thanks a lot, I've tried several times to open this file but it asking for your authorization or something like that. Anyway thank you very much for helping me!