Crew Brew produces a popular brand of beer in its mini-brewery located on a small river in Wisconsin.It uses a special formula,combined with the fresh water from the local stream,to produce a drink popular with local folks and tourists who visit during the summer fishing season,and autumn deer hunting season.The production function of Crew follows the formula:
Q = 50K + 50L,where Q = barrels of beer,K = units of capital,and L = units of labor.
(a)Suppose that capital can be purchased for $8 per unit,and labor costs $6 per unit.What is the optimal combination of inputs for the firm to employ?

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The Answer of Crew Brew produces a popular brand of beer in its mini-brewery located on a small river in Wisconsin.It uses a special formula,combined with the fresh water from the local stream,to produce a drink popular with local folks and tourists who visit during the summer fishing season,and autumn deer hunting season.The production function of Crew follows the formula:
Q = 50K + 50L,where Q = barrels of beer,K = units of capital,and L = units of labor.
(a)Suppose that capital can be purchased for $8 per unit,and labor costs $6 per unit.What is the optimal combination of inputs for the firm to employ?

Crew Brew Produces a Popular Brand of Beer in Its