(d) The real wage is equal to the marginal product of labor. Assuming a Cobb-Douglas production function Y = AKO'Lla, what is the growth rate of the real wage if the labor share is falling at 0.5% and labor productivity (y = 35) is growing at 2.5%? ( 3 points) (e) Briey explain \"diminishing returns to a factor\". ( 3 points)