Suppose that a company's production for Q units of its product is given by the Cobb-Douglas production function , where K is dollars of capital investment and L is labor hours. Find Q if K = $8,600 and L = 640 hours. Round your answer to the nearest whole number.
A) 94,327 units
B) 1,225 units
C) 1,017 units
D) 25,732 units
E) 13,440 units

Question

Suppose that a company's production for Q units of its product is given by the Cobb-Douglas production function  , where K is dollars of capital investment and L is labor hours. Find Q if K = $8,600 and L = 640 hours. Round your answer to the nearest whole number. ​
A) 94,327 units 
B) 1,225 units 
C) 1,017 units 
D) 25,732 units 
E) 13,440 units

Quizplus · Accepted Answer

The Answer of Suppose that a company's production for Q units of its product is given by the Cobb-Douglas production function  , where K is dollars of capital investment and L is labor hours. Find Q if K = $8,600 and L = 640 hours. Round your answer to the nearest whole number. ​
A) 94,327 units 
B) 1,225 units 
C) 1,017 units 
D) 25,732 units 
E) 13,440 units

Suppose That a Company's Production for Q Units of Its