Suppose the Cobb-Douglas Production Function for an Automobile Manufacturer Is

question 10

Multiple Choice

Suppose 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 150 and 200
And the number of units of capital y varies between 375 and 450.Round your answer to two decimal
Places.

• A)229,894.96
• B)15,558.45
• C)55,174.79
• D)24,631.60
• E)5,971.30

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