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For a company that produces respirators, the Cobb-Douglas function is given f(x,y)=120x^(1⁄3) y^(2⁄3) Where \"x\" represents labor...

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Basic Math

For a company that produces respirators, the Cobb-Douglasfunction is given f(x,y)=120x^(1⁄3) y^(2⁄3) Where \"x\" representslabor units ($100 per unit) and \"y\" represents capital units ($150per unit). Total labor and capital costs are limited to$70,000.

A) When does the maximum production level occur?

B) What is the maximum production level of masks?

C) Find the marginal capital productivity and interpret theanswer

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