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The Cobb-Douglas production function is given by z=P(x,y)=Ax^alpha y^(1-alpha), where x is the amount of labor in work-hours and y is the amount of capital,

The Cobb-Douglas production function is given by z=P(x,y)=Ax^alpha y^(1-alpha), where x is the amount of labor in work-hours and y is the amount of capital, A is a constant, and 0

  1. Write the formula for the production function z=P(x,y).
  2. What is the production when8 work-hours and27 units of capital are provided?
  3. Determine the relationship between the amounts of labor and capital required for the production of 200 units.
  4. If16 work-hours are available, find the amount of capital needed in the production of 100 units.

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