Question: Here is a question that have had trouble with the first answer has to be rounded to the decimal point A manufacturer has modeled its

Here is a question that have had trouble with the first answer has to be rounded to the decimal point

Here is a question that have had trouble with the first answer

A manufacturer has modeled its yearly production function P (the monetary value of its entire production) as a Cobb-Douglas function P(L, K) = 1.48L0-85K0-55 where L is the number of labor hours (in thousands) and K is the invested capital (in millions of dollars). Find P(140, 30). (Round your answer to one decimal place.) Pa, K) = Interpret your answer. When the manufacturer invests $- million and labor hours are spent, its yearly production is about $ million. Submit

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