Question: The output at a certain factory is Q = 600K 1/2 L 1/3 units, where K denotes the capital investment and L is the size

The output at a certain factory is Q = 600K^1/2L^1/3 units, where K denotes the capital investment and L is the size of the labor force. Estimate the percentage increase in output that will result from a 2% increase in the size of the labor force if capital investment is not changed.

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