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Python 3.7 please help with exercise 1 and 2. Exercise 1: Plot the following function: F(K, L) = A * KL(1-a) In order to plot
Python 3.7 please help with exercise 1 and 2.
Exercise 1: Plot the following function: F(K, L) = A * KL(1-a) In order to plot this function set: A = 10, a = 0.33 and L = 20. Plot this function against values of K [0, 10] Exercise 2: Plot the above function again into a new figure. Then change the total factor productivity At 20 and plot the function again into the same graph. Repeat this for A = 21, A = 22, A = 23, and A = 24. Add a legend and labels for the axes as well as a title. You should have 6! functions plotted inside your figure. And you should now see how total factor productivity increases output Step by Step Solution
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