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Cobb-Douglas production function fits the data given in the table and interpret the results. What general conclusion do you draw?
->선험적 기대에 맞게 output/labor와 output/capital는 둘다 (+)의 탄력도를 가진다. 하지만 이 결과만으로 경제학적인 일반론을 펼칠 수는 없다. 자
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Cobb-Douglas type of production function is used. The estimation results show that the residual, or technical change as it is often designated to be 0.31, whereas the capital share is estimated to be 0.69. GNP grew by an annual rate of 7.6 percent during the period 1955~1979, and 0.27 percentage poi
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production of IL-6 perturbs homeostasis of T cells in IL-6 Tg mice
2) Foxp3+ Tregs development is not impaired under conditions of excessive IL-6 production in vivo
3) Foxp3+ Tregs from IL-6 Tg mice retain normal suppressor function in vitro
4) CD4+CD25+ Tregs exert their suppressor function
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Dessouky, M. I., Ghiassi, M, and Davis, W. J., “Estimates of the Minimum Nondominated Criterion Values in Multiple-Criteria Decision Making”, Engineering Costs and Production Economics, Vol. 10, 1986, pp. 95
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