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

Question

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

Quizplus · Accepted Answer

The Answer of 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

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