• A

    The multiplicative form of the power function can be changed into its log-linear form.

  • B

    Power functions are not homogeneous because the sum of the exponents is not equal to degree 1.

  • C

    The parameters in the function a and b represent the elasticity coefficient of output for inputs (capital and labour) respectively.

  • D

    Constants a and b in the function represent share of inputs capital and labour in total output.