Packing City Pulp Company Ltd (PCPC) makes egg containers that are traded to egg suppliers. PCPC has projected the following Cobb Douglas production function for its egg container division Q = 25L0.604 Where Q represents output measured in one thousand carton lots, represents labor measured in person- hours, and K represents capital measured in machine hours. PCPC presently recompenses a wage of OMR 10 per hour and considers the relevant rental price for capital to be OMR 25 per hour. Determine the optimal capital-labor ratio (K/L) that PCPCshould use in the egg container division. Given the aforementioned information, the calculated Marginal Rate of Technical Substitution (MRTS) equals to: Select one: O a. MRTS equals 1.5K = 0.6L04 O b. MRTS equals K=0.266L O c. MRTS equals 10(2 04/K0.4 O d. MRTS equals 1.5K = 0.6L O e. MRTS equals 10