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Assume that the production function has the standard Cobb-Douglas form, with the technology parameter (A)=2, capital (K)=10,000, and labor (L)=25. The share of output that

Assume that the production function has the standard Cobb-Douglas form, with the technology parameter (A)=2, capital (K)=10,000, and labor (L)=25. The share of output that is paid to labor is equal to 1/2. What is output (Y) in this economy? A.) 500. B.) 1,000. C.) 10,000. D.) 250,000. E.) None of the above, or we are not given enough information to answer the question.

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