Question 14 You are the owner of a firm with 12 workers. You have to decide how much capital to install on your factory floor. You are paying your workers a wage of 9 (units of output) and you know that the rental rate for capital is 6 percent. Your productivity is A = 1. Formally, you are solving the following problem: maxk = AK1/3 1213 - WL-rK First, you need to characterize the optimal amount of K by taking the first order condition of the profit function above with respect to capital. Second, you solve the expression for K and evaluate it. (Round your answer to the nearest tenth.)