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VED1
E L-LOVELY-H math7-1 IInd 21-10-11 IIIrd 24-1-12 IVth 21-4-12 Vth 20-8-12 VIth 10-9-12

noEPk;soh dk rfDs

B'N 7H4H1 ;hHJhHn?;H T[sgkdB cbB d/ r[D (Properties of C.E.S. Production Function)

 1 
1H i/eo T[sgkdB cbB o/yh ns/ ;wo{g j[zdh j? sK gqfs;EkgB b'u (σ) ;fEo   d/
 1+α 
-α
-α -u/α
pokpo j[zdh j? id'A fe T[sgkdB cbB P = γ(δ C + (1 - δ)N ) j[zdk j?, pPos/ γ > 0, 0 < δ
< 1 ns/ α>^1
T[sgZsh^gfoGkPk d/ nB[;ko gqfs;EkgB dh b'u
∂ log(NC ∂ (NC /
/ ) / NC
/ )
σ= =
∂ log R ∂ RR
/
N P
fJZE/, & T[sgkdB ;kXBK dk nB[gks ns/ R= C & w{b nB[gks.
C P N
j[D T[sgkdB
-α
-α -v/α
P = γ[δ C + (1 – δ)N ] HHHH(7H1)
N d/ ;kg/y ftZu nzfPe fBy/VB eoB s/

;wheoD (7H1) d[nkok

iK

iK HHH(7H3)

;wheoD (7H3) B{z ;hwoD (7H2) ftZu oZyD s/

HHHH(7H4)

d[pkok ;wheoD (7H1) B{z C d/ ;kg/y ftZu fBy/VB eoB s/

n;hA ikDd/ jK e/

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