Business
Business, 27.02.2020 02:54, hanjonez

Suppose the economy's production function is = K 0.3 0.7 . If K = 2000, N = 100, and A = 1, then Y = 246. If K and N both rise by 20%, and A is unchanged, by how much does Y increase?

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Answers: 3

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Suppose the economy's production function is = K 0.3 0.7 . If K = 2000, N = 100, and A = 1, then Y...

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