Question: You are the manager of Advanced Computers Inc., You have recently been furnished with the following production and cost information:

Q = 5K 2/3 L 1/3

Where K represents capital equipment and L is the number of hours worked per day. The company has spent $4,500 on 9 units of capital. If workers are paid $25 per hour, and computers are sold for $750 each. Find the following:

a). The optimal number of hours used per day.

b). The profit maximizing level of output.

c). Total profits/losses incurred.