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1)With reference to the equation derived from the Cobb-Douglas Production function, explain how the following affect the relative price of investment: a.An increase in technology

1)With reference to the equation derived from the Cobb-Douglas Production function, explain how the following affect the relative price of investment:

a.An increase in technology

b.A decrease in technology

c.A disaster reducing the amount of capital stock

d.An increase in the labour force.

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