Take log of above function and discuss elasticities

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Reference no: EM13773997

Suppose you are given the following Total Product Function: Q=100K^3/2 L^4/2 M^4/7,where Q is total output or units produces; K, capital; L, labor; and M, materials.; that is, this is a input factor production function.

1) Take the log of the above function and discuss the elasticities of each input.

Reference no: EM13773997

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