What is profit maximizing level of capital

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If a firm has a production function f(k,l) = 3k^0.3l^0.5 where r = 8, w = 9, and the price of output = 17,

What is profit maximizing level of capital?

For this questiong both the level of capital and the level of labor are vairable.

Reference no: EM131385487

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What is profit maximizing level of capital : If a firm has a production function f(k,l) = 3k0.3l0.5 where r = 8, w = 9, and the price of output = 17, What is profit maximizing level of capital?

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