Find the maximum production level if the total cost of labor (at $70 per unit) and capital (at $48 per unit) is limited to $250,000, where x is the number of units of labor and y is the number of units of capital. Round your answer to the nearest integer.
A) 35,164 units produced
B) 12,055 units produced
C) 24,390 units produced
D) 243,897 units produced
E) 15,229 units produced

Question

Find the maximum production level  if the total cost of labor (at $70 per unit) and capital (at $48 per unit) is limited to $250,000, where x is the number of units of labor and y is the number of units of capital. Round your answer to the nearest integer.
A) 35,164 units produced 
B) 12,055 units produced 
C) 24,390 units produced 
D) 243,897 units produced 
E) 15,229 units produced

Quizplus · Accepted Answer

The Answer of Find the maximum production level  if the total cost of labor (at $70 per unit) and capital (at $48 per unit) is limited to $250,000, where x is the number of units of labor and y is the number of units of capital. Round your answer to the nearest integer.
A) 35,164 units produced 
B) 12,055 units produced 
C) 24,390 units produced 
D) 243,897 units produced 
E) 15,229 units produced

Find the Maximum Production Level If the Total Cost