0.6 0.4 EX5. The production model of an international manufacturing company is f (3:, y) = 10:1: y Each labor costs $30 per day, and each unit of capital costs $60 per day. The production budget is limited to $300,000 per day. a) Find the number of labors and units of capitals needed to maximize production. A: 33 = 6, 000 and y = 2, 000, max production is 38,664 units per day b) If budget is increased by $80,000 per day, how much does production increase? A: 10,312 units 3 i"