2. Consider an economy that uses technology, A, capital, K, and labour, L, to produce output, Y. The isoquant below shows different quantities of labour and capital that produce the same amount of output. 11 orku. LI 30 Test Isoquant orku.ca ckeow Ju Y = AK3/4 + 11/4 (a) (18) If the economy loses a small amount of capital, how much additional labour would the economy need to maintain the same amount of output? Be sure to explain your steps. No marks will be awarded for unsupported answers. Test (b) (6) If A = 1, K = 16, and L - 256, what is the slope of the isoquant? 11. ca