`u(x, y) = x^alphay^beta::: P_x\x + P_y\y = Y ::: P_x\'`

Enter a value for all fields

The Cobb Douglass - Substitution Effect (SE), Income Effect (IE), and Total Effect (TE) calculator computes the price change effects on a good based on:

INSTRUCTION: Choose units and enter the following:

• (α)  Production Exponent of Labor
• (β)  Production Exponent of Capital
• (w)  Per unit cost of labor
• (r)  Per unit cost of capital
• (q)  Quantity to be produced.

Cobb Douglass CMI: The calculator returns the factors (see below). 

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Production, Consumption and Optimization Calculators

• Cobb Douglass Cost Minimizing Inputs
• Utility Maximizing Consumption Bundle: Perfect Complements
• SE, IE, TE for Cobb-Douglas
• Utility Maximizing Consumption Bundle: Cobb-Douglas
• Cost Minimizing Inputs: Perfect Complements
• Cost Minimizing Inputs: Perfect Substitutes
• Production Rate Calculator