9. A company’s output is given by the Cobb-Douglas production function , where L and Kare the number
問題詳情
9. A company’s output is given by the Cobb-Douglas production function
, where L and Kare the numbers of units of labor and capital. Each unit of labor costs $50 and each unit of capitalcosts $60, and $1500 is available to pay for labor and capital. How many units of labor and of capitalshould be used to maximize production?
