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Solve the Problem PP Of a Factory During One Time Period Is Modeled By During

Question 142

Multiple Choice

Solve the problem.
-The production level PP of a factory during one time period is modeled by P(x,y) =Kx1/2y1/2P(x, y) =K x^{1 / 2} y^{1 / 2} where K\mathrm{K} is a positive integer, x\mathrm{x} is the number of units of labor scheduled and y\mathrm{y} is the number of units of capital invested. If labor costs $400/\$ 400 / unit, capital costs $600/\$ 600 / unit and the owner has $1,800,000\$ 1,800,000 available for one time period, what amount of labor and capital would maximize production?


A) 1500.0 units of labor and 2250.0 units of capital
B) 4500.0 units of labor and 3000.0 units of capital
C) 1800.0 units of labor and 1285.7 units of capital
D) 2250.0 units of labor and 1500.0 units of capital

Correct Answer:

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