Question: (26pts) A small cleaning company has production function given by f(k,I) = [ min(5k,41) 10.5 ; it rents its cleaning machines at a price of

(26pts) A small cleaning company has production function given by f(k,I)

(26pts) A small cleaning company has production function given by f(k,I) = [ min(5k,41) 10.5 ; it rents its cleaning machines at a price of r = $15 per hour, and pays an hourly wage of $12. In addition, the company's monthly rent is $216 (avoidable in the long run)

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