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May 29, 2015

Homework Help: Calculus

Posted by Anonymous on Monday, April 4, 2011 at 9:53am.

"The quantity, q, of a product manufactured depends on the number of workers, W, and the amount of capital invested, K, and is given by

q = 6 * W^(3/4) * K^(1/4)

Labor costs are $10 per worker and capital costs are $20 per unit, and the budget is $2000.

What are the optimum number of workers and the optimum number of units of capital?"

Thank you in advance for any help!

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