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Problem 6 [20 pts] Adams produces graffiti with the following technology: 13(K, L) = K1/4L1/ 2, where L is the number of hours per day
Problem 6 [20 pts] Adams produces graffiti with the following technology: 13(K, L) = K1/4L1/ 2, where L is the number of hours per day he devotes to making graffiti and K is the amount of Chalk. Each unit of labour cost $ 1 and each unit of Chalk cost $ 4. In the short run, Adams can only spend one hour per day on graffiti
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