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This question (-0.47 Given the production of function, V = 82 K053 , (where K = capital and L = labour), i) What will be

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(-0.47 Given the production of function, V = 82 K053 , (where K = capital and L = labour), i) What will be the level of output if K =42 and L=66? ii) By how much will output increase if capital and labour are both increased by 247% .7 i) $4259.13 ii) 247% i) $3245.64 ii) 123% ' i) $695.99 ii) 23% i} $2693.34 ii) 73%

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