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Y = F(K,L) = 30K1/4L2/3 Q1. If you triple all the inputs, what's happen to the output? Q2. Calculate the elasticity to determine the relationship

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Y = F(K,L) = 30K1/4L2/3 Q1. If you triple all the inputs, what's happen to the output? Q2. Calculate the elasticity to determine the relationship between K and Y

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