We introduce a new type of production function, called approximate Cobb-Douglas function, by a perturbation of Euler's partial differential equation characterizing homogeneous function. We show that ...

National Tax Journal, Vol. 70, No. 1 (March, 2017), pp. 155-170 (16 pages) To help first- or second-year graduate students in economics apply their theoretical training, this paper shows how to solve ...