Question: The production function for a company is given by P = 20 C 2/3 L 1/3 , where P is the monthly production value, C

The production function for a company is given by P = 20C^2/3L^1/3, where P is the monthly production value, C is the amount of the company's capital investment (in dollars per month), and L is the size of the labour force (in work hours per month). What is the companys production value when L = 1,728 hours and C = $27,000 per month?

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