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Zak s trading card company is deciding much cardboard ( k ) and labor ( l ) it needs to e iciency produce collectable trading

Zaks trading card company is deciding much cardboard (k) and labor (l) it needs to eiciency produce collectable trading cards. Given that Zak has 10,000 to spend on l and k, and pl =10 and pk =5. If the production of trading cards uses the production function f (l, k)= l 14 k 34, find the optimal quantities of l and k.
1) Set up the Lagrangian 2) Find L,L,L
3) Solve for \lambda
4) Solve for k
5) Plug into the budget constraint and solve for l,k

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