uppose that a company's production for Q units of its product is given by the Cobb-Douglas production function Q = 30K/4L3/4 here K is dollars of capital investment and L is labor hours. (a) Find Q if K = $10,000 andL = 81 hours. Q = (b) Show that if both K and L are doubled, then the output is doubled. (Write your answer in terms of K and L.) Q(2K, 2L) = (c) If a capital investment is held at $10,000, graph Q as a function of L.

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