The Cobb-Douglas production function for an automobile manufacturer is where x is the number of units of labor and y is the number of units of capital.Estimate the average production level if the number of units of labor x varies between 200 and 250 and the number of units of capital y varies between 200 and 250.Round your answer to two decimal places.
A) 22,487.73
B) 22,467.73
C) 22,477.73
D) 22,498.18
E) 22,457.28

Question

The Cobb-Douglas production function for an automobile manufacturer is  where x is the number of units of labor and y is the number of units of capital.Estimate the average production level if the number of units of labor x varies between 200 and 250 and the number of units of capital y varies between 200 and 250.Round your answer to two decimal places. ​
A) 22,487.73 
B) 22,467.73 
C) 22,477.73 
D) 22,498.18 
E) 22,457.28

Quizplus · Accepted Answer

The Answer of The Cobb-Douglas production function for an automobile manufacturer is  where x is the number of units of labor and y is the number of units of capital.Estimate the average production level if the number of units of labor x varies between 200 and 250 and the number of units of capital y varies between 200 and 250.Round your answer to two decimal places. ​
A) 22,487.73 
B) 22,467.73 
C) 22,477.73 
D) 22,498.18 
E) 22,457.28

The Cobb-Douglas Production Function for an Automobile Manufacturer Is