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AIR 1524 7.3.60 1335/9631] The daily output at a plant manufacturing clocks is approximated by the function f(L, K) - 20W/ KL2/5 clocks where L

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AIR 1524 7.3.60 1335/9631] The daily output at a plant manufacturing clocks is approximated by the function f(L, K) - 20W/ KL2/5 clocks where L is the size of the labor force measured in hundreds of worker-hours and K is the daily capital investment in thousands of dollars. If the plant manager has a daily budget of $24, 000 and the average wage of an employee is $8.50 per hour, what combination of worker-hours (to the nearest hundred) and capital expenditures (to the nearest thousand) will yield maximum daily production? O a) 1700 worker-hours and $10, 000 in capital expenditures O b) 2300 worker-hours and $5, 000 in capital expenditures O c) 500 worker-hours and $23, 000 in capital expenditures O d) 1000 worker-hours and $16, 000 in capital expenditures O e) 1300 worker-hours and $11, 000 in capital expenditures O f) 800 worker-hours and $17, 000 in capital expenditures Previous

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