WeBWorkSet14: Problem 3 Previous Problem Problem List Next Problem (2 points) A company produces widgets. Their production function is given by f(K, L) = 2K1/2LY/2 tons, where K is units of capital and L is units of labor. Each unit of capital cost the company 2 thousand dollars and each unit of labor costs 18 thousand dollars. The company has a budget of 144 thousand dollars. What is the maximum production the company can achieve subject to this constraint? P(K, L)max = tons. Preview My Answers Submit Answers You have attempted this problem 0 times. You have unlimited attempts remaining