Multiple Choice
Suppose the Cobb-Douglas production function for an automobile manufacturer is 
where x is the number of units of labor and y is the number of units of capital. Estimate the average production level if the number of units of labor x varies between 150 and 200 and the number of units of capital y varies between 375 and 450. Round your answer to two decimal places.
A) 229,894.96
B) 15,558.45
C) 55,174.79
D) 24,631.60
E) 5,971.30
Correct Answer:
Verified
Correct Answer:
Verified
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