Assume that the labour force is 18 workers, the capital stock is $7500, and total factor productivity is 7.

a. If the production function

is Y=zK^1/3(N^d)^2/3, then output is $

(Round to one decimal place asneeded.)

b. If the labour force increases to 19 workers, then output becomes $

(Round to one decimal place asneeded.)

c. If total factor productivity doubles, output

A.

may rise or fall.

B.

willalsodouble.

C.

willincreasebyanindeterminateamount.

D.

will remain unchanged.