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3'; L 1 1'3 y L B and B is the parameter of the production function, B is the level of technology, L is population,

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3'; L 1 1'3 y L B and B is the parameter of the production function, B is the level of technology, L is population, and y is output per capita. Assuming that the growth rate of B is increasing with the population size, and population growth function is given as: FIF' Population growth function V Explain clearly on the graph, transition from Malthusian stagnation to sustained growth. (30 pts)

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