The Cobb-Douglas Production Function for an Automobile Manufacturer Is

question 35

Multiple Choice

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

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