You manage a plant that mass-produces engines by teams of
workers using assembly machines. The technology is summarized by
the production function q=5KL
where q is the number of engines per week, K is the number of
assembly machines, and L is the number of labor teams. Each
assembly machine rents for r=$40,000 per week, and each team costs
w=$5,000 per week. Engine costs are given by the cost of labor
teams and machines, plus $4,000 per engine for raw...