# Question: assume we can use the malthusian model to describe the...

###### Question details

Assume we can use the Malthusian model to describe the situation in Avataria. In particular, the relationship between its income per capita (y) and the growth rate of the population (ΔL) is given by equation: ΔL = y – 10

Suppose its output is produced using labor and capital according to the equation: Y = 5*(K)^1/2(L)^1/2.

Assume K = 100

**Please solve all parts step by step with**
**the description** **in neat and understandable
writing.**