Cobweb mould, which can be recognised by the circular patches of cottony white cobweb that develop on the casing layer, is caused by Dactylium dendrites mildew. It makes mushrooms discolour and can cause rot, decreasing saleable yields. What is cobweb mold? Mushroom Contamination #3: Cobweb Mold (Dactylium Mildew), e.g. Hypomyces Read more…
The Cobb angle is considered to be the current gold standard method to measure kyphosis (16). Initially, the Cobb angle was developed to assess scoliosis angles. By modifying the direction of radiographic imaging from frontal to sagittal projection, the Cobb angle became useful to assess kyphosis angles (17). What is Read more…
The Cobb Douglas production function {Q(L, K)=A(L^b)K^a}, exhibits the three types of returns: If a+b>1, there are increasing returns to scale. For a+b=1, we get constant returns to scale. If a+b1 for the Cobb-Douglas function, the production function does not offer constant returns to scale. Why do we need constant Read more…
Between 15 and 20 degrees: Some studies say that the patient does not require any specific treatment, but just needs regular check-ups to see if the curve is progressing until bone-maturity. At what degree of scoliosis requires surgery? Most scoliosis surgeons agree that children who have very severe curves (45 Read more…
In their study on U.S. manufacturing over the 1899–1922 time period, Cobb and Douglas (1928) argued that if markets were competitive, if firms chose inputs so that marginal products equaled real prices, and if production technology in U.S. manufacturing over this timeframe followed the constant returns to scale log–log What Read more…
It is also called as production with two variable factor inputs, labour (L) and capital (K) in particular. A commonly discussed form of long run production function is the Cobb-Douglas production function which is an example of linear homogenous production functions. What type of function is Cobb-Douglas? In economics and Read more…
Cobb-Douglas preferences are strongly monotonic over the positive part of the space of baskets, in this case R2++. Leontief preferences are the usual example for weakly but not strongly monotonic preferences. The indifference curve passing through (0,0) is L-shaped for both these and for Cobb-Douglas preferences. How do I know Read more…
The Cobb-Douglas (CD) production function is an economic production function with two or more variables (inputs) that describes the output of a firm. Typical inputs include labor (L) and capital (K). What are the two primary inputs to the simple production function? The formula for this form is: Q = Read more…
Major Properties/Features of the Cobb-Douglas Production Function If α+β=1, it exhibits constant returns to scale (CRS) If α+β>1, it exhibits increasing returns to scale (IRS) If α+β
Cobb-Douglas preferences are strongly monotonic over the positive part of the space of baskets, in this case R2++. Leontief preferences are the usual example for weakly but not strongly monotonic preferences. The indifference curve passing through (0,0) is L-shaped for both these and for Cobb-Douglas preferences. How do I know Read more…