Suppose the Firm's Production Function Is Q = K^1/3L^2/3, Where

Multiple Choice

Suppose the firm's production function is Q = K^1/3L^2/3, where the MPK = and MP_L =
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If the rental rate of capital R is $35 and the wage rate W is $70, how many units of labor and capital should the firm use to produce 12 units of output?

A) L = 18; K = 9
B) L = 9; K = 18
C) L = 12; K = 12
D) L = 24; K = 24