A Company Has a Cobb-Douglas Production Function $f(x, y)=20 x ^{0.33} y^{0.67}$

question 101

Multiple Choice

A company has a Cobb-Douglas production function $f(x, y) =20 x ^{0.33} y^{0.67}$ where x is the utilization of labor and y is the utilization of capital. Determine the number of units of product produced when 1728 units of labor and 27,000 units of capital are used.

• A) 29,292 units
• B) 46,605 units
• C) 217,988 units
• D) 85,612 units

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