# The Algebra for Theory of Natural Output

by JoshMaths
Tags: algebra, natural, output, theory
 P: 31 When deriving the natural level of output i am confused as to how the leap is made in the last two lines. P = P(1+μ)F(1-Y/L,z) => 1 = (1+μ)F(1-Y/L,z) => Yn = h(μ,L,z) I understand how the mark-up, Total Labour and variable factors are the factors of the natural level but how does this come from the above line? Thanks, Josh
 Mentor P: 26,541 This is homework, I assume.
 P: 31 Nope, incorrect assumption :) The notes i am provided from the lecture have made this leap themselves. Would you like a picture of the notes?
Mentor
P: 26,541
The Algebra for Theory of Natural Output

 Quote by JoshMaths Nope, incorrect assumption :) The notes i am provided from the lecture have made this leap themselves. Would you like a picture of the notes?
No, just needed to clarify.
 P: 31 Nearly all my Economics questions have gone unanswered, if i am missing something huge in terms of my poor question asking please let me know.
 Mentor P: 26,541 I don't believe that we have many people here that knowledgeable in economics.
 Mentor P: 7,318 I know nothing of economics, (If I did I would be retired already!) Just looking at it as a math problem, the second line is just the first with P canceled. The last line is simply a statement that Y is a function of mu , L and z.
 P: 31 Thanks for your help, i'll try and post more relevant questions next time.

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