BBT produces 137.5 units daily. The productivity factor of BBT's production is 2.75 and has elasticities of capital and labor of 0.4 and 0.6, respectively.
BBT produces 137.5 units daily. The productivity factor of BBT's production is 2.75 and has elasticities of capital and labor of 0.4 and 0.6, respectively. In addition, the capital input used in its production is 55, 137.5, 275, and 343.75. How much is the labor input if the capital input to produce these units is 137.5? Round your answer to one decimal place
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