Question: Please answer correct calculation asap plz Don't answer by pen paper plz A company has 2900 dollars to invest, which must be divided between capital

Please answer correct calculation asap plz

Don't answer by pen paper plz

A company has 2900 dollars to invest, which must be divided between capital expenditures and labor. Each unit of labor costs the company 40 dollars, and each unit of capital costs 40 dollars. Therefore 40L+20K=2900, where L and K are the units of labor and capital, respectively. Production output is modeled by the Cobb-Douglas formula P=L0.8K0.2.

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